CNBC February 7, 2025
Key Points
– SoftBank is close to finalizing a $40 billion primary investment in OpenAI at a $260 billion pre-money valuation, sources told CNBC’s David Faber.
– SoftBank would pay out the funding over the next 12 to 24 months, with the first payment coming as soon as spring.
– Part of the funding is expected to be used for OpenAI’s commitment to Stargate, the joint venture between SoftBank, OpenAI and Oracle announced by President Donald Trump.
SoftBank is close to finalizing a $40 billion primary investment in OpenAI at a $260 billion pre-money valuation, sources told CNBC’s David Faber.
SoftBank would pay out the funding, which would mean a $300 billion post-money valuation for OpenAI, over the next 12...
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