Wednesday, July 30, 2025
LBNN
  • Business
  • Markets
  • Politics
  • Crypto
  • Finance
  • Energy
  • Technology
  • Taxes
  • Creator Economy
  • Wealth Management
  • Documentaries
No Result
View All Result
LBNN

SoftBank eyes $15-25 bn investment in OpenAI: FT

Simon Osuji by Simon Osuji
January 30, 2025
in Artificial Intelligence
0
SoftBank eyes $15-25 bn investment in OpenAI: FT
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter


OpenAI
Credit: Unsplash/CC0 Public Domain

Japan’s SoftBank is in talks to invest $15-25 billion in OpenAI in a deal that would make it the ChatGPT-maker’s biggest financial backer, the Financial Times reported on Thursday.

Related posts

This Smart Basketball Tracks Data About Every Shot. It Could Be Headed to the NBA

This Smart Basketball Tracks Data About Every Shot. It Could Be Headed to the NBA

July 30, 2025
25 Best Cheap Watches Under $1,000 (2025): Timex, Hamilton, and Seiko

25 Best Cheap Watches Under $1,000 (2025): Timex, Hamilton, and Seiko

July 30, 2025

The report comes after Chinese startup DeepSeek sparked panic this week with a powerful new chatbot developed at a fraction of the cost of its US competitors, dealing a blow to markets.

SoftBank and OpenAI are part of the Stargate drive announced by US President Donald Trump to invest up to $500 billion in artificial intelligence infrastructure in the United States.

The Japanese firm’s mooted investment would come on top of its commitment of more than $15 billion to Stargate, the FT said, citing people with direct knowledge of the negotiations.

“Ultimately, the Japanese company could spend more than $40bn on its partnership with OpenAI,” the report said.

OpenAI will also invest $15 billion in Stargate, and SoftBank’s equity investment in the US company could cover the latter’s commitment to the AI infrastructure project, the FT added.

SoftBank was not immediately available for comment when contacted by AFP. Shares in the firm were down one percent in Tokyo trading Thursday morning.

The company, founded by Japanese tycoon Masayoshi Son, made spectacularly successful early bets on Yahoo! and Alibaba in the 1990s but some of its other investments have bombed.

Securing huge funding from Saudi Arabia, Abu Dhabi and others, Son—an early backer of Trump—has sought to pivot into AI, helped by SoftBank’s stake in chip designer Arm.

Elon Musk has openly poured scorn on Stargate, saying on X this month that the main investors “don’t actually have the money”.

The world’s richest man was an early investor in OpenAI and has long been in a feud with its founder Sam Altman, who called the Tesla founder’s comments “wrong”.

© 2025 AFP

Citation:
SoftBank eyes $15-25 bn investment in OpenAI: FT (2025, January 30)
retrieved 30 January 2025
from https://techxplore.com/news/2025-01-softbank-eyes-bn-investment-openai.html

This document is subject to copyright. Apart from any fair dealing for the purpose of private study or research, no
part may be reproduced without the written permission. The content is provided for information purposes only.





Source link

Previous Post

From Nairobi, Kenya to Pennsylvania, USA

Next Post

Rwanda-Backed M23 Fighters Advance Into DR Congo’s South Kivu: Local Sources

Next Post
Rwanda-Backed M23 Fighters Advance Into DR Congo’s South Kivu: Local Sources

Rwanda-Backed M23 Fighters Advance Into DR Congo’s South Kivu: Local Sources

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

RECOMMENDED NEWS

ITF wants immediate action taken to safeguard seafarers in Red Sea region

ITF wants immediate action taken to safeguard seafarers in Red Sea region

1 year ago
One Good Way to Withdraw Retirement Assets (and a Bad One)

One Good Way to Withdraw Retirement Assets (and a Bad One)

8 months ago
Ensuring primary health services for displaced people

Ensuring primary health services for displaced people

10 months ago
Wetang’ula’s son weds in a traditional wedding

Wetang’ula’s son weds in a traditional wedding

2 years ago

POPULAR NEWS

  • Ghana to build three oil refineries, five petrochemical plants in energy sector overhaul

    Ghana to build three oil refineries, five petrochemical plants in energy sector overhaul

    0 shares
    Share 0 Tweet 0
  • The world’s top 10 most valuable car brands in 2025

    0 shares
    Share 0 Tweet 0
  • When Will SHIB Reach $1? Here’s What ChatGPT Says

    0 shares
    Share 0 Tweet 0
  • Top 10 African countries with the highest GDP per capita in 2025

    0 shares
    Share 0 Tweet 0
  • Global ranking of Top 5 smartphone brands in Q3, 2024

    0 shares
    Share 0 Tweet 0
  • Privacy Policy
  • Contact

© 2023 LBNN - All rights reserved.

No Result
View All Result
  • Home
  • Business
  • Politics
  • Markets
  • Crypto
  • Economics
    • Manufacturing
    • Real Estate
    • Infrastructure
  • Finance
  • Energy
  • Creator Economy
  • Wealth Management
  • Taxes
  • Telecoms
  • Military & Defense
  • Careers
  • Technology
  • Artificial Intelligence
  • Investigative journalism
  • Art & Culture
  • Documentaries
  • Quizzes
    • Enneagram quiz
  • Newsletters
    • LBNN Newsletter
    • Divergent Capitalist

© 2023 LBNN - All rights reserved.