Some of the funding would be used to help cover OpenAI’s $18 billion commitment to the recently announced Stargate project.
The AI expert’s remarks come as OpenAI and other Silicon Valley giants face a reckoning following DeepSeek’s success.
After getting epically roasted by the AI industry, OpenAI is seemingly refusing to reevaluate its approach, asking investors to close their eyes and give them another $40 billion anyway, pretty please.
SoftBank is in talks to invest as much as $25bn 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.
SoftBank is in negotiations to invest between $15 billion and $25 billion directly into OpenAI, in addition to committing more than $15 billion to Stargate.
U.S. President Donald Trump announced Stargate, a $500 billion AI infrastructure project that's expected to provide 100,000 jobs and boost the American economy, but Elon Musk believes the three companies leading the project don't have the funds.
Masayoshi Son founded SoftBank in 1981. It has invested millions in some of Silicon Valley's biggest tech companies.
President Donald Trump is supporting the newly formed Stargate to advance AI as construction on the company's first data center gets underway in Abilene.
This is a massive head start, and cultural symmetry that seemed to make American AI predestined. Open AI is backed by a US$14 billion investment from Microsoft, and has access to the cloud infrastructure that powers its Large Language Model.
Trump called the joint venture - known as Stargate - "a new American company that will invest $500 billion at least in AI infrastructure in the United States," promising that it will create more than 100,000 jobs. He made clear that the initiative is aimed at thwarting China and its AI efforts.
SoftBank is in discussions to invest between $15 and $25 billion in OpenAI, reports The Wall Street Journal, citing anonymous sources. The deal, which has not been finalized, could make SoftBank the artificial intelligence company's biggest financial backer.