TNW | Openai
SoftBank completes $30bn OpenAI investment with final $10bn payment
The last tranche, paid from a bond sale, lifts SoftBank’s total OpenAI investment to $64.6bn for a 13% stake.
Via TNW | Openai
·Excerpt
Softbank office logo sign on a building wall in Japan.
Credit: pimpampix via Shutterstoc
SoftBank Group has completed its $30bn follow-on investment in OpenAI, after paying the third and final $10bn tranche on 1 October, Japan time.
The Japanese group made the payment through its Vision Fund 2, it said on Thursday.
With this payment, SoftBank has now put $64.6bn into OpenAI in total, for a stake of about 13%.
It agreed the $30bn commitment in late February and split…
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