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Softbank in talks to invest up to $ 25 billion in Openai

Softbank is holding talks to invest between $ 15 billion to $ 25 billion in Openai, which may deepen the relationship between the two companies that are already planning an artificial artificial infrastructure.

Some of this investment can be used in stocks for Openai’s commitment to Stargate, a joint project with SoftBank and other money it announced last week at the White House, according to a person familiar with the matter. Stargate, which also includes Oracle and the Investment Fund in the United Arab Emirates, MGX, intends to invest up to $ 500 billion in artificial intelligence data centers for use by Openai over the next four years.

Softbank talks to invest up to $ 25 billion in the Chatgpt Openai maker .

The deal will make the largest investor in SoftBank Openai, which leads to the displacement of Microsoft, which has committed to about $ 14 billion so far. However, Softbank will have a smaller share in the Openai profit section, as Microsoft has invested earlier, the person familiar with the matter said.

Openai’s SoftBank’s investment will be distinguished from its commitment to put about $ 15 billion in Stargate, according to the informed person.

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Financial times were mentioned previously about investment talks.

If the deal gather, it will create a narrow partnership between two of the largest names in global business: CEO of Openai Sam Altman and Softbank CEO MASAYOSHI SON. Men were getting close to the past year and discussed a plan that altman had to reform the global semiconductor industry.

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US President-elect Donald Trump presents notes next to the Chairman and CEO of Softbank Masayoshi Son, in Mar-A-Lago in Palm Beach, Florida, on Monday, December 16. (Reuters / Brian Snyder / Reuters)

The son, who said he used Chatgpt every day, said to the shareholders in June 2023 that he wanted Softbank of “leading the artificial intelligence revolution.” In October, his company made its first investment in Openai, where it put $ 500 million in the US developer financing round worth $ 6.6 billion.

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In addition to its commitment to Stargate, Openai needs investment funds to cover its annual losses of billions of dollars, as it is severely spent to develop advanced technology and deal with intense price competition against competitors such as Google and Anthropor, as well as free, free, open source technology from identification platforms and Pinsic in China.

At the same time, it increases closer to Softbank, Openai was drift away from his closest partner: Microsoft. In addition to its investments, this month, Microsoft was the exclusive month for Openai cloud computing services.

Satia Nadella speaks while Sam German looks

Microsoft Satya Nadella (R) CEO of Microsoft Satya Nadella (R) talks about the CEO of Openai Sam Altman (L) during the Openai Devday event on November 06, 2023 in San Francisco, California. Altman delivered the main title at the first open conference AI Devday. (Justin Sullivan / Getty Emokires / Getty Emoz)

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ChatGPT release in late 2022 escalated significantly from Openai Chips need to develop and operate its products. Over the past two years, Openai said that Microsoft has not provided her with a sufficient cloud, formerly the Wall Street Journal.

The two companies recently reviewed their deal, allowing Openai to work with other service providers, including Stargate, although Microsoft reserves the right of the first rejection.

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Microsoft Satya Nadella CEO in a profit call with analysts on Wednesday said he was still happy with his relationship with Openai, but his company’s investments in data centers are “negative” and can be used by different customers.

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