SoftBank adds .5bn investment in Open AI

SoftBank adds $22.5bn investment in Open AI

OpenAI was founded in December 2015 as a non-profit AI research lab. Japanese multinational investment company SoftBank has completed an additional investment of $22.5 billion in OpenAI at the second closing of the company’s investment of up to $40 billion committed on 31 March, 2025. As a result, SoftBank says it has fully satisfied its…

Read More
Softbank pumps bn into struggling Intel, as Trump eyes stake

Softbank pumps $2bn into struggling Intel, as Trump eyes stake

Intel CEO Lip-Bu Tan. Japanese-based multinational conglomerate SoftBank and US-based chipmaker Intel have signed a definitive securities purchase agreement, under which SoftBank will make a $2 billion investment in Intel common stock. In a joint statement, the organisations say the investment comes as they deepen their commitment to investing in advanced technology and semiconductor innovation…

Read More