SoftBank Approves $22.5bn Final Tranche to Complete $30bn Investment in OpenAI

SoftBank Group Corp. has reportedly approved the release of a second installment worth $22.5 billion to complete its $30 billion investment in OpenAI, according to a report by The Information on Saturday. The Japanese investment giant’s board gave the green light on the condition that OpenAI finalizes a major corporate restructuring, a move designed to … Continue reading SoftBank Approves $22.5bn Final Tranche to Complete $30bn Investment in OpenAI