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SoftBank completes final phase of $30 billion investment in OpenAI

Source: reuters.com

Artificial IntelligencePrivate Markets & VentureTechnology & Innovation
SoftBank completes final phase of $30 billion investment in OpenAI

SoftBank Group completed its $30 billion investment in OpenAI, fulfilling its commitment to the ChatGPT maker's latest fundraising round. The investment reinforces SoftBank's major strategic exposure to generative AI and provides substantial capital support for OpenAI's expansion.

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