SoftBank Reportedly Finalizes OpenAI Investment with $22.5B Cash Infusion
Analysis
The article reports on SoftBank's completion of its previously announced investment in OpenAI. The key detail is the $22.5 billion cash infusion, completing a $40 billion investment. The source is SiliconANGLE, and the information comes from sources cited by CNBC. The article is concise and focuses on the financial aspect of the deal.
Key Takeaways
- •SoftBank has reportedly finalized its $40 billion investment in OpenAI.
- •The final tranche of the investment was a $22.5 billion cash infusion.
- •The information is sourced from CNBC, citing sources.
Reference
“Sources told CNBC today that the Japanese conglomerate finalized the deal last week.”