PYMNTS.com January 30, 2025
SoftBank is reportedly in discussions to invest up to $25 billion into OpenAI.
The deal, as reported by the Financial Times (FT) and other outlets Wednesday (Jan. 29) evening, would see the Japanese conglomerate overtake Microsoft as OpenAI’s largest investor.
The news comes days after OpenAI and SoftBank announced they would join Oracle on an AI data center project dubbed “Stargate,” with a price tag that could reach as high as $500 billion over the next four years.
Sources tell the FT that SoftBank is in talks to invest between $15 billion and $25 billion into OpenAI, in addition to the more than $15 billion it has committed to Stargate. In all, SoftBank could spend upwards of $40 billion on...
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