SoftBank Group Corp. (SFTBY) is planning to purchase OpenAI stock worth $1.5 billion as part of CEO Masayoshi Son's strategy to ...
SoftBank chief executive Masayoshi Son is pushing for the tender offer after repeatedly asking for a larger stake in OpenAI, ...
Both OpenAI and SoftBank have declined to comment on the development, while reports revealed that this offer is not related to OpenAI’s transition to a “for-profit organization.” To be precise, the ...
The discussion revolved around artificial intelligence (AI), super AI, and generative AI (GenAI) — areas Son has consistently ...
SoftBank is poised to increase its stake in OpenAI, the creator of ChatGPT, through a $1.5 billion tender offer. This allows ...
SoftBank offers $1.5B to acquire OpenAI shares, signaling AI sector ambitions amid ChatGPT's growing popularity ...
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NBCC signs MoU with HUDCO to develop a 10-acre industrial plot in Noida at a cost of Rs 600 crore. The project will be developed as a Project Management Consultant.
During his visit to India, SoftBank Group CEO Masayoshi Son highlighted India's potential in chip design and AI due to geopolitical shifts. He engaged with Indian portfolio company founders, ...
SoftBank’s tender offer allows OpenAI employees to cash out up to $1.5 billion worth of shares as it takes a larger stake in ...
Masayoshi Son, founder of SoftBank, visited India to explore potential collaborations in consumer tech and AI. He met with InMobi's Naveen Tewari, Reliance's Mukesh Ambani, and Ola's Bhavish Aggarwal.
The OpenAI employees have a chance to sell $1.5 billion worth of shares to SoftBank, with the offer expiring by December 24.