SoftBank's $40 Billion Bet on OpenAI: Aiming for a Trillion-Dollar Valuation
Analysis
Key Takeaways
- •SoftBank has invested approximately $40 billion in OpenAI.
- •The investment aims to achieve a trillion-dollar valuation for OpenAI.
- •The investment was made over a 10-month period.
“SoftBank's commitment of $22-22.5 billion to OpenAI last week, as reported by sources. The initial investment agreement was for approximately $40 billion, with a pre-money valuation of $260 billion.”