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The Information reported that SoftBank plans to invest $500 million (approximately 72 billion yen) in OpenAI. In addition to SoftBank, multiple companies are considering investing in OpenAI, and OpenAI is expected to raise $6.5 billion (approximately 94 billion yen) in funding through a series of investments.
SoftBank to Invest $500 Million in OpenAI — The Information
https://www.theinformation.com/articles/softbank-to-invest-500-million-in-openai
SoftBank’s Vision Fund to Invest $500 Million in OpenAI, Information Reports – Bloomberg
https://www.bloomberg.com/news/articles/2024-09-30/softbank-to-invest-500-million-in-openai-information-reports
According to reports,Softbank Vision Fundplans to invest $500 million as part of OpenAI’s ongoing funding round.
SoftBank President Masayoshi Son has been meeting with OpenAI CEO Sam Altman for some time to discuss fundraising.It has been reportedIn addition, Mr. Son stated at the shareholders’ meeting in June 2024 that “SoftBank Group’s mission is to evolve humanity by realizing ASI (artificial super intelligence).”commentI’m doing it.
Regarding Mr. Son and Softbank,Son is promoting “Project Izanagi,” a project to establish a semiconductor venture to compete with NVIDIA.“”Arm, a subsidiary of Softbank, plans to mass produce AI chips, and Softbank is also investing in development costs.‘It has been reported that.
In addition, SoftBank has a business alliance with the AI search engine “Perplexity”, but this business alliance was completed at an unusually fast pace, with the first meeting being held in February 2024 and the contract being concluded in April 2024. The progress has been revealed by Perplexity’s CBO Dmitry Shevelenko.
I asked people at the AI search engine “Perplexity” various things such as “What kind of advertisements will be displayed?” “How will it be deployed in Japan?” – GIGAZINE
In addition, it has been reported that in addition to companies such as Microsoft and NVIDIA, investment funds such as Tiger Global Management and MGX will participate in the funding round that OpenAI will deploy, and it is estimated that OpenAI will raise funds on the order of $6.5 billion. Masu. Apple was also scheduled to participate in the same funding round, but it has been reported that Apple withdrew from negotiations for some reason.
Report that Apple has canceled investment negotiations in OpenAI – GIGAZINE
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