💨 Abstract
SoftBank is in negotiations to invest up to $25 billion in OpenAI, the company behind ChatGPT, to expand its presence in the sector. This investment, part of a larger $40 billion plan, may contribute to OpenAI's commitment to Stargate, a joint venture aimed at bolstering U.S. leadership in AI against global competition. The talks are preliminary, and SoftBank has already committed $15 billion to Stargate.
Courtesy: theprint.in
Summarized by Einstein Beta 🤖
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