{"id":861821,"date":"2024-10-01T08:41:24","date_gmt":"2024-10-01T03:11:24","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=861821"},"modified":"2024-10-01T08:58:22","modified_gmt":"2024-10-01T03:28:22","slug":"softbank-to-invest-500-million-in-openai-amid-6-5-billion-funding-round-report","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/10\/01\/softbank-to-invest-500-million-in-openai-amid-6-5-billion-funding-round-report\/","title":{"rendered":"SoftBank to invest $500 million in OpenAI amid $6.5 billion funding round: Report"},"content":{"rendered":"<p>SoftBank Group Corp.\u2019s Vision Fund is preparing to invest $500 million in OpenAI as part of a larger funding effort, according to a report by The Information on September 30, citing an individual familiar with the deal. <\/p>\n<p>As previously reported by Bloomberg, OpenAI is reportedly in discussions to raise $6.5 billion from various investors, with a valuation of $150 billion. Thrive Capital is expected to lead the funding round, with Microsoft Corp.\u2014OpenAI\u2019s largest investor\u2014also participating.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>SoftBank Group Corp.\u2019s Vision Fund is preparing to invest $500 million in OpenAI as part of a larger funding effort, according to a report by The Information on September 30, citing an individual familiar with the deal. As previously reported by Bloomberg, OpenAI is reportedly in discussions to raise $6.5 billion from various investors, with a valuation of $150 billion. Thrive Capital is expected to lead the funding round, with Microsoft Corp.\u2014OpenAI\u2019s largest investor\u2014also participating.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[55,13,4],"tags":[],"class_list":["post-861821","post","type-post","status-publish","format-standard","hentry","category-it-2-live-mint","category-live-mint","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/861821","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=861821"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/861821\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=861821"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=861821"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=861821"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}