SoftBank Could Invest Up to $25 Billion in OpenAI, Report Says
SoftBank Could Invest Up to $25 Billion in OpenAI, Report Says
Are you ready for this? SoftBank is reportedly in talks to invest up to a whopping $25 billion in OpenAI, the company behind ChatGPT! This potential deal would make SoftBank the largest financial backer of OpenAI, which is already valued at $157 billion. With Microsoft as the current biggest shareholder, this investment would surely heat up the AI race. But what about Elon Musk's claims that Stargate's backers 'don't actually have the money'? OpenAI's CEO, Sam Altman, fired back, stating that the funding claims were wrong. And let's not forget about the emergence of Chinese rival DeepSeek, which recently sent AI-linked stocks plunging. So, what does this all mean for the future of AI? Only time will tell.