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OpenAI

OpenAI finalises joint venture to support AI deployments OpenAI finalises joint venture to support AI deployment
The Deployment Company is a new joint venture (JV) being finalised by OpenAI with investment firms. This venture aims at helping businesses use its AI software in day-to-day operations....
SoftBank takes out loan to fund OpenAI investment SoftBank takes out loan to fund OpenAI investment
SoftBank Group recently took out a $40 billion bridge loan from a collection of big name financial institutions. In part this move was calculated to cover an additional investment...
SoftBank looks to grow its stake in OpenAI SoftBank looks to grow its stake in OpenAI
SoftBank Group is looking to boost its existing 11% stake in OpenAI to an even more substantial amount. Bloomberg reported that the Japan investment company is holding discussions about...
OpenAI looks to Abu Dhabi to invest $50 billion in funding round OpenAI looks to Abu Dhabi to invest $50 billion in fund
According to Bloomberg, OpenAI‘s CEO Sam Altman has recently met with leading Middle East sovereign investors as he seeks to line up a new fundraising round that has the...
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