SoftBank reportedly finalizes OpenAI investment with $22.5B cash infusion

SoftBank Group Corp. has reportedly completed the $40 billion investment in OpenAI Group PBC that it announced in March. Sources told CNBC today that the Japanese conglomerate finalized the deal last week. It did so by transferring $22.5 billion to OpenAI, which raised the remaining $17.5 million in two earlier tranches. SoftBank disbursed $7.5 billion […]
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