SoftBank’s Masa Son Nears His Next Big A.I. Bet: OpenAI

Published On Oct 1, 2024, 8:28 AM

SoftBank is preparing to make a significant investment in OpenAI, potentially worth around $500 million, as part of a larger funding round. This move marks a strategic shift for SoftBank, indicating that founder Masayoshi Son is ready to take a more aggressive stance in the artificial intelligence sector after a quieter period. Son has expressed a longstanding interest in AI, and SoftBank's potential involvement with OpenAI could solidify ties between two of the most ambitious technology companies in the industry.