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openai is expected to receive strong support! softbank is said to be planning to invest $500 million in it

2024-10-01

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financial news agency, october 1 (editor zhao hao)according to media reports, sources revealed that japan’s softbank group plans to invest us$500 million in openai’s latest round of large-scale financing.

based on previous news, this american artificial intelligence company is negotiating with investors and is expected to raise us$6.5 billion at a valuation of us$150 billion. thrive capital, a well-known venture capital institution, is leading the investment, with investors such as microsoft included.

this round of financing is expected to solidify openai’s status as the world’s most valuable startup. if it is listed at a valuation of us$150 billion, openai’s market value will be close to the top investment bank goldman sachs group. as of press time, goldman sachs' total market value is us$156.2 billion.

it should be pointed out that if the news is true, this will be softbank’s first investment in openai.

in june this year, softbank established a strategic partnership with perplexity, one of openai's competitors, and invested us$10 million to us$20 million in it, bringing perplexity's valuation to us$3 billion.

in july this year, softbank group shares listed in japan once hit a historical record of 12,180 yen per share. despite the pullback, year-to-date gains are nearly 34%, reflecting investors’ approval of the company’s decision to bet on ai.

the financial associated press once mentioned that openai ceo sam altman has visited masayoshi son many times. previously, media broke the news that in addition to softbank’s investment in openai, the two companies may also cooperate in the development of ai chips.