SoftBank is investing $500 million into OpenAI, the artificial intelligence company behind ChatGPT, The Information reported on Monday.
The investment from SoftBank, the telecom and tech-focused Japanese holding company, comes as OpenAI is looking to raise $6.5 billion in its latest round of funding. Bloomberg reported earlier this month that the funding round values the AI company at $150 billion.
This was SoftBank’s first investment in OpenAI; Apple declined to participate…
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