SoftBank is in talks to invest up to $25 billion in OpenAI, potentially becoming its largest backer. The deal is still under negotiation, according to a source who requested anonymity due to confidentiality. The deal remains under negotiation, with SoftBank founder Masayoshi Son reportedly pushing for a larger stake after investing $500 million in OpenAI’s last funding round. The startup has historically relied on Microsoft as its primary investor but is shifting toward a for-profit model to secure more capital. The AI market is projected to hit $1 trillion in a decade.
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00:00It's Benzinga bringing Wall Street to Main Street.
00:02SoftBanks is in talks to invest up to $25 billion in OpenAI, potentially becoming its largest
00:07backer. The deal is still under negotiation, according to a source who requested to remain
00:12anonymous due to confidentiality. The deal remains under negotiation, with SoftBank
00:17founder Masayoshi Son reportedly pushing for a larger stake after investing $500 million
00:23in OpenAI's last funding round. The startup has historically relied on Microsoft as its
00:29primary investor, but is shifting towards a for-profit model to secure more capital.
00:34The AI market is projected to hit $1 trillion in a decade.