SoftBank will commit an initial $7.5 billion to the company and $2.5 billion from an investor syndicate. According to the report, the second tranche of $30 billion will include $22.5 billion from ...

SoftBank Group (OTCPK:SFTBY) approved of the process OpenAI is taking in restructuring itself as a public benefit corporation, and the plan of the non-profit board retaining control over its proposed ...

OpenAI, the company behind ChatGPT, is set to secure a massive $40 billion in funding, led by SoftBank pushing OpenAI’s valuation to $300 billion, up from $157 billion, Bloomberg reported on Thursday.

SoftBank Group has agreed to lead a funding round of up to $40 billion in OpenAI. It’s a deal which should boost the value of Microsoft’s stake in the ChatGPT maker but raises the bar for the ...

OpenAI is reportedly seeking to raise $40 billion in funding, with major investments from Saudi Arabia's Public Investment Fund (PIF), India's Reliance Industries and the existing shareholder UAE's ...

SoftBank's fiscal year 2024 earnings were positive for the first time in four years. Concerns arise over SoftBank's $40 billion investment in OpenAI, valuing the startup at ~$300 billion, and the high ...

TOKYO, May 22 (Reuters) - S&P Global Ratings upgraded SoftBank Group Corp's (9984.T), opens new tab long-term credit rating by one notch to BB+, saying the outlook was stable on expectations of the ...

--U.K. self-driving car startup Wayve Technologies is in discussions with Microsoft and SoftBank Group to raise up to $2 billion in new funding, the Financial Times reports, citing sources. --A deal ...