News Explorer — SoftBank Mulls Big Investment in OpenAI Following ARM IPO - Decrypt
09/19/2023 14:51
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Sep 18, 9:08 pm

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SoftBank Mulls Big Investment in OpenAI Following ARM IPO
SoftBank, with a $66 billion market capitalization, is considering making substantial investments in the AI sector, particularly in OpenAI. SoftBank CEO Masayoshi Son has been actively engaging with OpenAI's ChatGPT and sees it as a valuable brainstorming tool. The potential collaboration between SoftBank and OpenAI could put SoftBank back in the AI game and aligns with Son's more proactive approach to tech investments.

SoftBank, with a $66 billion market capitalization, is considering making substantial investments in the AI sector, particularly in OpenAI. SoftBank CEO Masayoshi Son has been actively engaging with OpenAI's ChatGPT and sees it as a valuable brainstorming tool. The potential collaboration between SoftBank and OpenAI could put SoftBank back in the AI game and aligns with Son's more proactive approach to tech investments.
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