The SoftBank boss could throw another $25 billion into the artificial intelligence company, according to a Financial Times report on Thursday. Click to read.
Editor’s note: The following assumes an awareness of DeepSeek—a new AI chatbot from China—and this week’s market chaos as investors reacted to its emergence. If you need to catch up, coverage by Fortune can be found below. DeepSeek r1 is not smarter than earlier models, just trained more cheaply.
Japan's SoftBank is leading the investment round and is in talks to invest $15-25 billion in the deal that would make it the ChatGPT-maker's biggest financial backer. The reports came after Chinese startup DeepSeek sparked panic this week with a powerful new chatbot developed at a fraction of the cost of its US competitors,
Japanese tech giant SoftBank Group Corp. is considering investing up to $25 billion in OpenAI, the developer of the widely used artificial intelligence chatbot ChatGPT, the Financial Times reported Thursday.
OpenAI is seeking to raise $40 billion in a new funding that could elevate its valuation to an astonishing $430 billion, according to a report by the Wall Street Journal on Thursday.Japan's
OpenAI has launched ChatGPT Gov, a version of its flagship chatbot that’s tailored to government agencies. The company says the tool will let US government agencies securely access OpenAI’s frontier models,
Masayoshi Son, the billionaire founder and CEO of SoftBank, the Japanese media technology conglomerate, is often cast as a dreamer, financial engineer, and speculator. But his career — which has spanned the launch of the personal computer and internet,
The scenes evoked the court of a medieval king. Among the visitors in mid-December was Masayoshi Son, the Japanese founder and CEO of media technology conglomerate SoftBank. Son is probably the ...
OpenAI, the maker of ChatGPT, is seeking to raise US$40 billion in a fresh round of funding that would value the startup at a staggering US$340 billion, the Wall Street Journal reported on Thursday (Jan 30).
Global tech investor SoftBank Group is in discussions to lead the round, with plans to contribute between $15 billion and $25 billion.
The development follows concerns sparked by Chinese AI startup DeepSeek, which recently introduced a highly advanced chatbot at a significantly lower cost than its American rivals, unsettling the mark
Tech billionaire Elon Musk voiced doubts about President Trump’s newly announced infrastructure plan for artificial intelligence, claiming the technology companies behind the effort do not