SoftBank Mulls Big Investment in OpenAI Following ARM IPO

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Decrypt 1w ago

SoftBank Mulls Big Investment in OpenAI Following ARM IPO - Decrypt

Quick Summary:

The CEO of the Japanese multinational firm chats frequently with both Sam Altman and ChatGPT.

SoftBank—a Japanese multinational holding company with a $66 billion market capitalization—is hungry for new ways to deploy capital.

Softbank’s move also aligns with Son's rejuvenated approach to investments, shifting from a cautious stance to a more proactive role in the tech sector.