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SoftBank plans to invest up to $3 billion to convert an Ohio EV plant into a facility producing modular data center equipment for OpenAI’s expanding U.S. infrastructure.
Billionaire Peter Thiel sold his entire stake in Nvidia, totaling nearly $100 million, amid fears of an AI-driven tech bubble and rising concerns over inflated valuations in the sector.
SoftBank has sold its entire $5.83 billion stake in Nvidia to help fund a $22.5 billion investment in OpenAI, part of its broader push into artificial intelligence and advanced robotics.
SoftBank and OpenAI establish SB OAI Japan to sell enterprise AI solutions domestically, as the company ramps its own internal use of ChatGPT technology.
OpenAI has completed a secondary share sale worth $6.6 billion, letting current and former employees sell stock at a new $500 billion valuation — a milestone in the company’s funding strategy.