A post by @DeItaone on X.
Softbank in discussions to invest hundreds of millions in OpenAI's latest funding round - NYT DealBook
@DeItaone on X
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SoftBank is in talks to commit hundreds of millions of dollars to OpenAI’s latest funding round, according to NYT DealBook. The potential investment would add one of the world’s largest technology investors to OpenAI’s cap table as the AI developer raises fresh capital at a massive valuation. The size of SoftBank’s check is not yet finalized, and terms of the round remain under discussion. The move signals continued appetite among major institutional investors for leading AI platforms despite soaring valuations. What to watch next: confirmation of the final round size and valuation, and whether other large strategic investors join SoftBank in the deal.
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Named in this story
SoftBank, OpenAI