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Will SoftBank invest $500 million in OpenAI by end of 2024?
3
Resolution / Starting Odds
Yes • 50%
No • 50%
Official announcements from SoftBank or OpenAI, or major financial news outlets
Story
SoftBank to Invest $500M in OpenAI's Latest Funding Round, Valuing Company at $150B
Sep 30, 2024, 01:45 PM
SoftBank's Vision Fund has agreed to invest $500 million in OpenAI's latest funding round, which is raising $6.5 billion. This marks the first investment by SoftBank in OpenAI, the developer of ChatGPT, led by Sam Altman. The funding round values OpenAI at $150 billion before the investment. The information was reported by The Information and confirmed by a person familiar with the deal.
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Similar markets
Yes • 50%
No • 50%
Accelerated AI development • 25%
Expansion into new markets • 25%
Increased partnerships • 25%
No significant change • 25%
Microsoft • 25%
Google • 25%
Amazon • 25%
Other • 25%
Research and Development • 25%
Infrastructure and Operations • 25%
Market Expansion • 25%
Other • 25%