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SoftBank in Talks to Invest Up to $25 Billion in OpenAI

Source: New York Times

OpenAI, the San Francisco artificial intelligence company that has been on a yearslong money-raising frenzy, is in talks with the Japanese conglomerate SoftBank for an investment up to $25 billion, according to three people familiar with the negotiations.Some of that money could be used to cover OpenAI’s commitment to Stargate, the $100 billion data center project announced at the White House last week, the…

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Read the original source at New York Times