SoftBank to Invest $500 Million in OpenAI: Report
Japanese telecom company SoftBank’s Vision Fund will invest $500 million (roughly Rs. 4,190 crore) in OpenAI’s latest funding round, The Information reported on Monday, citing a person familiar with the deal. SoftBank declined to comment, while OpenAI did not immediately respond. The company at the heart of the Artificial Intelligence (AI) boom is raising $6.5 billion (roughly Rs. 54,478 crore) in the form of convertible notes, Reuters […]