SoftBank said to be investing $500m in OpenAI

SoftBank said to be investing $500m in OpenAI

FILE PHOTO: OpenAI logo is seen in this illustration taken May 20, 2024. REUTERS/Dado Ruvic/Illustration/File Photo

Japanese telecom company SoftBank‘s Vision Fund will invest $500 million in OpenAI‘s latest funding round, The Information reported on Monday, citing a person familiar with the deal.