SoftBank finalizes $30B OpenAI stake

Japan's SoftBank has completed a $30 billion investment in OpenAI, bringing its total investments in the company to $64.6 billion, which grants it an approximate 13% stake. This investment is part of its efforts to support OpenAI, the developer of ChatGPT, and reflects the SoftBank Group’s commitment to participating in the artificial intelligence sector. The fundraising round during which OpenAI received substantial funding aimed to strengthen its position and boost its investments in research and development in artificial intelligence.

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