SoftBank in talks to invest as much as $25B in OpenAI, report says

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SoftBank is in talks to invest up to $25 billion in OpenAI as part of a broader partnership that could see the Japanese conglomerate spend more than $40 billion on AI initiatives with the Microsoft-backed startup, according to Financial Times. The potential investment would make SoftBank OpenAI’s largest single backer, the report said, surpassing Microsoft, © 2024 TechCrunch. All rights reserved. For personal use only.

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