SoftBank leads OpenAI's funding round amid rise of DeepSeek
PALO ALTO, U.S./TOKYO -- OpenAI's latest $40 billion funding round positions Japan's SoftBank Group as a leading partner for the U.S.-based ChatGPT developer looking to build artificial intelligence infrastructure to compete with such new players as DeepSeek.
MoFo advises SoftBank on mega $40bn funding round in OpenAI
MoFo said the financing round is the largest investment by a venture-backed start-up on record, with the deal valuing OpenAI at $300bn. Up to $10bn of the investment is expected to be syndicated to other investors, with SoftBank covering the rest.
Leading OpenAI's record-breaking $40 billion funding round shows the tech investor's knack for seizing big opportunities.
The Japanese tech investor could commit to about $1 trillion in such investments, significantly more than the $500 billion AI ...
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SoftBank Group to acquire US chip design firm Ampere for $6.5 bil.SoftBank Group Corp. said Thursday it will acquire U.S. semiconductor design company Ampere Computing Holdings LLC for $6.5 ...
Japanese technology investor SoftBank Group is accelerating its move into chip technology companies with the US$6.5bil ...
SoftBank Group Corp said on Wednesday it would acquire Ampere Computing, a U.S. chip startup founded by the former president ...
SoftBank which is leading the deal will initially be investing $7.5 billion in the company along with $2.5 billion from an investor syndicate.
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