SoftBank completes $41 billion investment in OpenAI, deepening bet on AI - News Summed Up

SoftBank completes $41 billion investment in OpenAI, deepening bet on AI


AdvtJoin the community of 2M+ industry professionals. Subscribe to Newsletter to get latest insights & analysis in your inbox. All about ETCIO industry right on your smartphone! Download the ETCIO App and get the Realtime updates and Save your favourite articles. SoftBank Group said it completed a $41 billion investment in OpenAI, one of ⁠the largest-ever private funding rounds that would give the Japanese firm a stake of about 11 per cent in the ChatGPT maker.SoftBank Chief Executive Masayoshi Son has made ‌an "all in" ‌bet on OpenAI and is expanding investment in artificial intelligence and related infrastructure, hoping to capitalize ‌on surging demand for the computing capacity that underpins AI applications.The completion of the latest funding round for OpenAI comes just days after SoftBank unveiled a deal to buy digital infrastructure investor DigitalBridge Group in a deal valued at $4 billion.On Wednesday, SoftBank said it completed an additional $22.5 billion investment in OpenAI after putting in $7.5 billion in ‌April.


Source: Economic Times December 31, 2025 11:29 UTC



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