This will become the largest funder of the artificial intelligence company as the Japanese group continues to extend to the technological sector
OR Softbank is in talks to invest up to $ 25 billion in the owner of Chatgpt, Openaiand thus become the company’s largest funder artificial intelligenceThe Financial Times reported, as the Japanese group continues to extend to the technological sector.
Softbank could invest $ 15 to $ 25 billion directly in Openai backed by Microsoft, in addition to a $ 15 billion commitment to Stargate, according to anonymous FT sources
Stargate is a consortium of Oracle, Openai and Softbank, which plans to invest up to $ 500 billion to help the US stay ahead of China and other competitors in the worldwide race of artificial intelligence.
The Stargate venture was announced by US President Donald Trump, Softbank Managing Director Massayosi Sean, Openai Managing Director Sam Altman and Oracle Larry Larry at the White House last week.
Source: Skai
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