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The Softbank’s $30B Investment in OpenAI

The Softbank’s $30B Investment in OpenAI

Masayoshi Son, the CEO of Softbank, inspires. He inspires because the size of his vision and his approach to risk are uncommon. I mean how do you invest $30 billion in a fledgling company like OpenAI? The news today is that the $30 billion is on the way: “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.”

He is among those who do not merely see the world as it is, they see it as it could become. In business, we talk about “animal spirit”, that audacious courage which refuses to be limited by the gravity of ordinary reasoning. Son embodies that spirit.

OpenAI is still discovering its full edges and contours, and someone is sending  $30 billion to it. Son simply builds. Hope one day he will expand his marketplace because as the Igbo Nation says “uwa bu ahia” [the world is a marketplace], Son should include Africa in his market!

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


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