SoftBank to Invest $40 Billion in OpenAI, Rattling Microsoft Stocks
Japan’s tech giant SoftBank is reportedly close to finalizing a massive investment of $40 billion in AI leader OpenAI. This deal would value OpenAI at $260 billion, surpassing its previous valuation and making SoftBank the largest investor. The news led to a dip in Microsoft stock prices. SoftBank’s move marks a significant shift in the … Read more