Economy Country January 31, 2025

SoftBank in Talks for $40 Billion AI Funding | Ours Abroad News

SoftBank is reportedly in discussions to lead a funding round to raise up to $40 billion for AI developer OpenAI, signaling strong investment interest in the AI sector.


According to source information, the SoftBank group is conducting negotiations for an investment round aimed at raising up to $40 billion for OpenAI, which specializes in the development of artificial intelligence.

"We believe that artificial intelligence is capable of transforming the world for the better," noted OpenAI.

Currently, active discussions are underway regarding the possible terms of the deal and the structure of the investment. In the case of a successful completion of this round of financing, OpenAI could significantly expand its capabilities and increase its potential in developing artificial intelligence technologies.