Softbank chatgpt-maker openai and it's “all”. CEO and Founder Masayoshi's son The company said it was betting big on that. artificial intelligence (AI) company, a planned investment worth 4.8 trillion yen (approximately $33.2 billion). My son said he believes that the open, currently private and unprofitable, will ultimately become “the most valuable company in the world.” Speaking at the shareholders meeting, his son said SoftBank's long-term goal is to play a leading role in the age of artificial super intelligence (ASI). The Japanese technology conglomerate is expanding its partnership with OpenAI this year, including participating in the $500 billion Stargate project.
When Sam Altman asks SoftBank for $10 billion investment
During the meeting, his son also revealed that Openai CEO Sam Altman had once asked SoftBank to invest $10 billion. Microsoft We have signed a well-known partnership with an AI company. “I said so,” my son told shareholders. However, Altman eventually went with Microsoft.The software giant recently lost its exclusive cloud provider status with OpenAI and has not approved a reported restructuring plan to make Openai a traditional for-profit company.
Microsoft: Investment continues with or without SoftBank CEO
Despite changing relationships between Microsoft and Openai, Son said Softbank's commitment remains strong. The company previously said it could cut its stock if Openai is not restructured by December 31, but his son announced on Friday that their support will continue “regardless of what happens at Microsoft.”My son said Openai is key to SoftBank's vision of building the world's largest ASI platform. He reportedly aims to become the “organizer of an industry in the age of artificial superintelligence” within the next decade.SoftBank owns Arm, a UK-based chip company, and recently acquired US-based chip designer Ampere for $6.5 billion. It is also reportedly investigating the creation of an industrial complex in the United States that focuses on $1 trillion in AI.
