OpenAI invests $500M in SoftBank’s SB Energy unit

OpenAI Group PBC today announced plans to invest $500 million in SoftBank Group Corp.’s SB Energy unit, which develops renewable energy installations and data centers. The transaction also has several other components. First, SoftBank will match OpenAI’s $500 million investment in SB Energy, doubling the value of the funding round to $1 billion. Additionally, the latter […]
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