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SoftBank Weighs US$30b OpenAI Bet And Deeper AI Concentration Risk
SoftBank Group (TSE:9984) is reportedly in advanced talks to invest up to US$30b in OpenAI.
The potential deal would make OpenAI SoftBank’s largest holding if completed as described.
The move would deepen SoftBank’s focus on artificial intelligence as OpenAI works on a new funding round and considers an IPO.
For you as an investor, this centers on how SoftBank, known for its tech focused holdings, might reshape its portfolio around a single AI name. The company has already been active in AI...