AI/Emerging Tech
SoftBank plans to invest $30 billion more in OpenAI
This could push OpenAI's valuation to roughly $830 billion.
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This could push OpenAI's valuation to roughly $830 billion.
The AI startup had last raised $13 billion as part of its Series F funding round earlier in September last year led by ICONIQ.
The investment could be done at a valuation of $500 billion as the Sam Altman-led company reportedly prepares for an IPO next year.
The Limited Partners (LPs), or investors, in the fund include prominent technology leaders such as Aravind Srinivas, co-founder and CEO, Perplexity.