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SoftBank AI Investment

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Manage episode 442853924 series 2330470
Content provided by Whitehat SEO and Whitehat Inbound Marketing Agency. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Whitehat SEO and Whitehat Inbound Marketing Agency or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
SoftBank, the Japanese telecommunications giant, is set to invest $500 million in OpenAI, the developer of ChatGPT, valuing the company at $150 billion. This investment marks SoftBank's first foray into the generative AI market, despite CEO Masayoshi Son previously expressing interest in the technology. The investment comes amidst recent senior departures from OpenAI and plans to change its structure to a for-profit benefit corp. This investment is significant for SoftBank, as it would be one of their largest bets in generative AI, following their previous investments in other technology companies like TikTok owner ByteDance and fintech Revolut.
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87 episodes

Artwork
iconShare
 
Manage episode 442853924 series 2330470
Content provided by Whitehat SEO and Whitehat Inbound Marketing Agency. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Whitehat SEO and Whitehat Inbound Marketing Agency or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
SoftBank, the Japanese telecommunications giant, is set to invest $500 million in OpenAI, the developer of ChatGPT, valuing the company at $150 billion. This investment marks SoftBank's first foray into the generative AI market, despite CEO Masayoshi Son previously expressing interest in the technology. The investment comes amidst recent senior departures from OpenAI and plans to change its structure to a for-profit benefit corp. This investment is significant for SoftBank, as it would be one of their largest bets in generative AI, following their previous investments in other technology companies like TikTok owner ByteDance and fintech Revolut.
  continue reading

87 episodes

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