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SoftBank completes final phase of $30 billion investment in OpenAI

1 source · first seen 00:31 2 Oct · updated 00:31 2 Oct

The brief

Written from 1 report · check the source before you trade
  • SoftBank Group completed its $30 billion investment in OpenAI on Thursday
  • The investment was part of SoftBank’s commitment to OpenAI’s latest fundraising round
  • OpenAI funding may raise competitive pressure on Indian IT services and AI firms

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Read the reports

1 report · earliest 00:31
Economic TimesSoftBank completes final phase of $30 billion investment in OpenAI00:31