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11 SoftBank Board Approves Remainder of OpenAI Investment

The Information
Nick Wingfield @ The Information 1 place · today 18:19 EDT

SoftBank Board Approves Remainder of OpenAI Investment

SoftBank is set to complete its $30 billion investment in OpenAI, after its board approved a $22.5 billion second installment on the deal, The Information reported. The remainder of its investment is contingent on OpenAI’s corporate restructuring, which would pave the way for a public offering ...

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