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    ITNewspapersThe Economic Times

    SoftBank completes final phase of $30 billion investment in OpenAI

    Binu Mathew
    By Binu Mathew10 minutes ago

    SoftBank Group said on Thursday it has completed its $30 billion investment in OpenAI as part of its commitment to the ChatGPT maker’s last fundraising round.

    Here are some other details:

    Earlier this year, OpenAI had secured $122 billion in commitments that valued the Sam Altman-led company at $852 billion. Amazon, Nvidia and SoftBank had anchored the fundraising.

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