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EU Sets Out $200 Billion AI Spending Plan in Bid to Catch Up With U.S., China
OpenAI, SoftBank Group, Oracle and MGX are the initial equity funders in ... initially and plan to invest up to $500 billion over the next four years. Meanwhile, Beijing has also made strides in the ...
Mint27d
SoftBank eyes $40 billion OpenAI investment as US-China AI race heats up: Report
Masayoshi Son-led SoftBank Group is in talks to lead a funding round of up to $40 billion in ChatGPT maker OpenAI at a valuation of $300 billion, according to a Reuters report. News of the funding ...
Seeking Alpha29d
Softbank may invest up to $25 billion in OpenAI, eyeing top backer spot - report
SoftBank Group (OTCPK:SFTBY) is currently in discussions to invest up to $25 billion in OpenAI, which could position it as the AI startup's largest financial backer, according to a Financial Times ...
scmp.com24d
SoftBank, OpenAI tie up to develop AI for Japan as DeepSeek rises
SoftBank Group and OpenAI will create a joint venture to develop and sell artificial intelligence (AI) services to businesses across Japan, establishing one of the broadest efforts yet to sell the ...
Yahoo Finance28d
SoftBank in talks to lead OpenAI funding round at $300 billion valuation, sources say
SoftBank could invest $15 billion to $25 billion directly into Microsoft-backed OpenAI, some of which may be used to pay for OpenAI's commitment to Stargate, one of the sources added. Stargate, a ...
UPI24d
SoftBank joins with OpenAI in yearly $3B venture to expand AI in Japan
"This initiative will not only transform the way SoftBank Group operates but also revolutionize the way companies work in Japan and around the globe," Masayoshi Son, chairman and CEO of SoftBank ...