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Industrial robots working in factories surpass 5M worldwide1h ago From the Bayeux tapestry to Glastonbury: top tips and tricks to grab the hottest tickets1h ago Your boss might be bluffing about how much AI knowledge they really have1h ago OpenAI says its review into hacks, including on Australian government sites, is costing $500,000 a day2h ago Prime Intellect Launches Prime Inference: Serverless and Reserved Serving for Frontier Open Models2h ago Anthropic turns to Hindu philosophy to teach Claude right from wrong2h ago Microsoft AI Releases MAI-Transcribe-2-Streaming: #1 Real-Time Speech-to-Text Model on Artificial Analysis2h ago AI's race to transform the world before the money runs out2h ago AI breaks India’s linear growth model, but campus hiring remains weak: Nasscom’s Rajesh Nambiar2h ago America’s data center fight is a preview of what's to come for the rest of the world2h ago Apple to Tighten Mac Data Controls in Guard Against AI Agents2h ago A blog based on git sure feels nice3h ago Decision AI Models Explained: TypeSafe Jev vs Fastino GLiDE, GLiNER2.5-Decide and Open-Source Competitors4h ago Executive Order On Renaming AI To ‘Super Intelligence’ Signals Unexpected Legal Bumps Ahead5h ago

Finance Business & Enterprise2 min reading time

SoftBank completes $30bn OpenAI investment with final $10bn payment

Covered by 2 sourcesPublished 2 days ago

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SoftBank Group finalized its $30 billion investment in OpenAI by paying the last $10 billion tranche on October 1, bringing its total investment to $64.6 billion for a 13% stake. This investment is part of OpenAI's $122 billion funding round valuing the company at $852 billion.

Covered by 2 sources

#investment #openai-group-pbc #sam-altman #softbank #venture-capital

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