SoftBank ‘in talks’ to invest up to $25bn in OpenAI Move reported by the FT would make Japanese group the largest financial backer of US startup behind ChatGPT.
The Japanese investment group SoftBank is reportedly in talks to invest up to $25bn (£20bn) in OpenAI in a deal that would make it the biggest financial backer of the startup behind ChatGPT.
SoftBank, whose other investments include TikTok parent ByteDance and British chip designer Arm, is already an investor in OpenAI and recently backed a funding round that valued the company at $157bn.
Citing multiple sources with knowledge of the talks, the FT said SoftBank’s equity investment would cover the Japanese company’s commitment to Stargate.
Last week OpenAI and SoftBank teamed up with Oracle to form Stargate, which Donald Trump called “the largest AI infrastructure project in history”.
