SoftBank rises on possible US$500 million investment in OpenAI
SoftBank Group’s stock rebounded, helped by the Japanese company’s possible participation in an OpenAI funding round that may better position Masayoshi Son in a race over artificial intelligence. SoftBank’s Vision Fund plans to invest US$500 million in OpenAI, the Information reported, citing a person familiar with the deal. OpenAI is in talks to raise US$6.5 … Read more
