SoftBank finalizes its $41 billion investment in OpenAI, securing an 11% stake. CEO Masayoshi Son doubles down on AI, leveraging surging demand. OpenAI, along with Oracle, plans “Stargate,” a major data center initiative for advanced AI models, backed by SoftBank and others. The secondary stock sale valued OpenAI at $500B.
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SoftBank Finalizes $41B OpenAI Investment, Doubles Down on AI Domination
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