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Will SoftBank's Vision Fund complete its $500 million investment in OpenAI by December 31, 2024?
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Public announcements from SoftBank or OpenAI, financial news outlets
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SoftBank's Vision Fund to Invest $500 Million in OpenAI at $150 Billion Valuation
Sep 30, 2024, 03:09 PM
SoftBank's Vision Fund has agreed to invest $500 million in OpenAI's latest funding round. This marks SoftBank's first investment in the Sam Altman-led ChatGPT creator, which is raising a total of $6.5 billion. The investment values OpenAI at $150 billion before the investment. The Japanese telecom company’s move was reported by The Information, citing a person familiar with the deal.
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Yes • 50%
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