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CNBC sources: SoftBank locked in $40B for OpenAI

SoftBank has now locked in one of the largest single bets in the history of private technology, completing a $40 billion ...
SoftBank Group has completed its $40 billion investment in OpenAI, a source familiar with the matter said on Tuesday, marking ...
OpenAI will use some of the funds to finance its Starlink data center initiative. The project, which the company launched at ...
NEW YORK/TOKYO/SAN FRANCISCO, Dec 19 (Reuters) - SoftBank Group (9984.T) is racing to close a $22.5 billion funding ...
OpenAI may need to find new sources of capital to fund its aggressive data center spending. And the clock is ticking. “One unknown parameter is the flexibility that OpenAI may have to adjust its ...
Forbes contributors publish independent expert analyses and insights. Nvidia. How much? $100 billion in incremental funding. In addition, SoftBank is leading a $40 billion financing arrangement.
Meta Platforms is buying AI startup Manus to deepen its push into agentic AI, aiming to embed the technology across its ...
A company with $20 billion in annual revenue can’t commit $1.4 trillion to capital infrastructure. It’s simple math: by the end of 2026, market pressure is likely to push OpenAI toward scaling back ...
The Economic Times, citing unnamed sources, reported that OpenAI is talking with Tata Consultancy Services (TCS) to develop AI compute infrastructure in India and co-create agentic AI solutions for ...
Stoke Space’s Zenith booster engine blazes during a hot-fire test in 2024. (Stoke Space Photo) OpenAI CEO Sam Altman is thinking about expanding into the final frontier for data centers, and his ...
OpenAI CEO Sam Altman is looking to build, fund or buy a rocket company to possibly compete in the space race against longtime rival Elon Musk, according to reports. The Wall Street Journal reported ...