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199 SoftBank completes $40B investment in OpenAI, taking 11% stake in the AI giant

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Nickie Louise @ Startups News 1 place · today 17:36 EDT

SoftBank completes $40B investment in OpenAI, taking 11% stake in the AI giant

SoftBank has finished wiring one of the largest bets in modern tech history. The Japanese investment group has now completed its full $40 billion commitment to OpenAI, locking in an ownership stake of roughly 11% in the company behind ChatGPT, ...

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