SoftBank to invest $40 Billion in OpenAI at $340 Billion Market Cap

Masayoshi Son doesn’t seem to be worried about cheap Chinese AI.

free link:
https://www.wsj.com/tech/ai/openai-in-talks-for-huge-investment-round-valuing-it-up-to-340-billion-2a2d4327?st=Dy1kmZ&reflink=desktopwebshare_permalink

then again, SoftBank was the prime funder of Adam Neumann and that WeWork nonsense.

intercst

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This is crazy. In 2011, Goldman Sachs invested $450 million in Facebook, which was a $50 billion market cap.

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