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Market
Primary use of SoftBank's $1.5 billion investment in OpenAI by end of 2025
2
Resolution / Starting Odds
Research and Development • 25%
Infrastructure Expansion • 25%
Strategic Acquisitions • 25%
Other • 25%
Official OpenAI press releases, financial news reports
Story
SoftBank to Buy $1.5 Billion in OpenAI Shares at $210/Unit in Tender Offer
Nov 27, 2024, 12:10 PM
SoftBank Group Corp. is set to acquire up to $1.5 billion worth of shares in OpenAI from its employees through a tender offer, as reported by CNBC. This move is part of SoftBank's strategy to deepen its collaboration with OpenAI, following a previous investment of $500 million in October. The tender offer, spurred by SoftBank's founder Masayoshi Son, allows current and former OpenAI employees to sell their shares at $210 per unit, matching OpenAI's valuation of $157 billion. Employees have until December 24 to decide whether to participate in this offer. This investment adds to OpenAI's recent $6.6 billion funding round, bringing the total raised to $13 billion from major investors including Microsoft and Nvidia.
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Similar markets
AI technology advancements • 25%
Strategic partnership • 25%
Financial return • 25%
Other • 25%
Research and Development • 25%
Infrastructure and Operations • 25%
Market Expansion • 25%
Other • 25%
Accelerated AI development • 25%
Expansion into new markets • 25%
Increased partnerships • 25%
No significant change • 25%
Research and Development • 25%
Infrastructure Expansion • 25%
Marketing and Sales • 25%
Other • 25%
Asset sales • 25%
External fundraising • 25%
Internal cash reserves • 25%
Other • 25%
$250 million - $500 million • 25%
$500 million - $1 billion • 25%
$1 billion - $2 billion • 25%
Over $2 billion • 25%
Yes • 50%
No • 50%
