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483 SoftBank Pledges to Spend $3 Billion Annually on OpenAI

The Information
Stephanie Palazzolo @ The Information 2 place · 02/03/2025 14:09 EDT

SoftBank said on Monday it would spend $3 billion per year on technology from OpenAI for itself and its affiliates, including electronic payment service PayPay and chip designer Arm, of which it is the majority owner. The Japanese telecom conglomerate and OpenAI said they will also ...

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