SoftBank poised to invest billions more in Stargate partner OpenAI

SoftBank is reportedly in talks to invest between $15 billion and $25 billion in OpenAI, potentially becoming its largest investor, surpassing Microsoft. This would be in addition to SoftBank’s recent commitment to The Stargate Project, a joint venture aimed at boosting the US AI industry 🤖.

The Stargate Project, which includes partners like Oracle and Emirati firm MGX, focuses on building a major data center, with Microsoft, Arm, and Nvidia also involved as tech partners 🏢💻.