The Wall Street Journal

SoftBank in Talks to Invest as Much as $25 Billion in OpenAI

Biggest-ever investment in the ChatGPT maker would help cover its commitment to Stargate AI infrastructure venture

Under the deal, SoftBank would displace Microsoft as OpenAI’s biggest investor.
Under the deal, SoftBank would displace Microsoft as OpenAI’s biggest investor. Photo: issei kato/Reuters

SoftBank is in talks to invest $15 billion to $25 billion in OpenAI, potentially deepening the relationship between the two companies that are already planning a significant artificial-intelligence infrastructure initiative.

Some of that equity investment could be used for OpenAI’s commitment to Stargate, a joint venture with SoftBank and others it announced last week at the White House, according to a person familiar with the matter. Stargate, which also includes Oracle and the United Arab Emirates investment fund MGX, intends to invest as much as $500 billion in AI data centers for use by OpenAI over the next four years.

WSJ Logo