SoftBank Group is close to agreeing an additional $30bn investment in OpenAI as Japanese billionaire Masayoshi Son raises his bet on Sam Altman’s tech group.
OpenAI is looking to raise as much as $100bn in a funding round that could value the ChatGPT maker at about $750bn before the new investments, according to two people with knowledge of the fundraising.
SoftBank is already OpenAI’s largest investor in terms of total invested after putting in more than $30bn. The agreement could close in the coming days, the people said, adding that the amount could change as discussions are continuing.
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