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OpenAI gets $1.5 billion investment from SoftBank

Shacknews · 3d

Softbank adds another $1.5 billion to OpenAI investment

OpenAI is allowing its current employees to sell shares in a tender offer to Softbank.

SoftBank invests $1.5B in OpenAI, enabling employee share monetization at $210 per share

SoftBank invests $1.5 billion in OpenAI, offering $210 per share to employees. This deal aligns with Vision Fund 2’s AI focus and OpenAI’s profit-driven strategy.

SoftBank Has Expanded Its Investment In OpenAI By $1.5 Billion

OpenAI is permitting its staff to sell roughly $1.5 billion worth of shares to SoftBank in a fresh tender offer, according to CNBC. TakeAway Points: OpenAI is enabling its staff to sell roughly $1.5 billion worth of shares to SoftBank in a fresh tender offer.

3don MSN

OpenAI’s Sora Video Tool Leaked by Artists Recruited as Beta Testers in Protest of ‘Corporate AI Overlords’

A group of artists who were testing OpenAI's Sora text-to-video tool leaked access to it late on Tuesday, focing OpenAI to ...

cryptopolitan1d

Alibaba’s newest AI model QwQ-32B-Preview outshines OpenAI’s o1 in some benchmarks

As competition intensifies in the AI field, Alibaba unveiled its QwQ-32B-Preview which reportedly outperforms OpenAI’s o1 ...

12don MSN

Graphcore is hiring again after its SoftBank acquisition — but what do the roles tell us about its future focus?

Recruitment drive would increase Graphcore's headcount by 20% Announcement marks first big moves since SoftBank acquisition ...

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