Softbank invests $500 million in OpenAI – Kommersant
The Japanese telecommunications corporation SoftBank will invest $500 million in the American company OpenAI, the developer of ChatGPT. This is reported Financial Times citing unnamed knowledgeable sources. OpenAI will receive these funds as part of its next $6.5 billion funding round, which also includes other investors, including OpenAI's largest shareholder, Microsoft Corporation, as well as New York-based venture investment fund Thrive Capital, which has $16 billion in assets under management. .
As part of this funding round, which was announced known in early September, the entire OpenAI company was valued at $150 billion. At the same time, it was reported that Apple and Nvidia may also be among the investors. According to the FT, the funds will be raised within the current week. Currently, the Japanese company SoftBank is already the largest shareholder of the British chip developer Arm with a share of almost 90%.
