SoftBank in talks to invest up to $25bn in OpenAI - Nikkei Asia
The future of the Stargate venture appears to be more secure following new funding developments. Japanese tech investor SoftBank Group has initiated discussions with OpenAI regarding a potential investment of up to $25 billion in additional shares of the ChatGPT developer, as per insights obtained by Nikkei.
Significant Investment in AI Infrastructure
This potential investment by SoftBank is part of a larger $500 billion commitment towards artificial intelligence infrastructure in the United States. The initiative was officially unveiled on January 21 in the presence of notable figures including President Donald Trump, SoftBank CEO Masayoshi Son, OpenAI CEO Sam Altman, and others.
This substantial investment is set to be executed over the course of the next four years. The involvement of key industry players signals a significant step towards the advancement and growth of AI technologies within the U.S. market.
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