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SoftBank in talks to invest $40b in OpenAI

Davos | San Francisco | SoftBank is in talks to invest as much as $US25 billion ($40 billion) into OpenAI, in a deal which would make it the ChatGPT maker’s biggest financial backer, as the pair partner on a massive new artificial intelligence infrastructure project.

The two companies announced last week they would lead a joint venture that would spend $US100 billion on Stargate – a sprawling data centre project touted by US President Donald Trump – with the figure rising to as much as $US500 billion over the next four years.

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    Original URL: https://www.afr.com/technology/softbank-in-talks-to-invest-40b-in-openai-20250130-p5l8fs