SoftBank Discusses $30 Billion Additional Investment in OpenAI

TLDR SoftBank is negotiating to add $30 billion to its OpenAI investment portfolio OpenAI’s upcoming funding round targets $100 billion in total capital The round could establish OpenAI’s valuation at $830 billion SoftBank completed a $41 billion OpenAI investment in December for 11% ownership Rising AI model costs are driving OpenAI’s need for additional funding [...]

The post SoftBank Discusses $30 Billion Additional Investment in OpenAI appeared first on Blockonomi.