SoftBank Group said on Oct. 1 that it has completed a third and final $10 billion follow-on investment in OpenAI through SoftBank Vision Fund 2. The transaction brings the full amount of SoftBank’s previously announced $30 billion follow-on commitment to completion. After the latest investment, SoftBank’s cumulative investment in OpenAI has reached $64.6 billion, with its ownership stake standing at about 13%. The company said the funding for this round came from foreign currency-denominated senior bonds that SoftBank announced on Sept. 24. The update was carried by CLS and cited by Odaily.
SoftBank Group said on Oct. 1 that it has completed a third and final $10 billion follow-on investment in OpenAI through SoftBank Vision Fund 2.
With that, the company has now finished the full $30 billion in follow-on investment that it had announced earlier. After the latest transaction, SoftBank’s cumulative investment in OpenAI has reached $64.6 billion, and its ownership stake is about 13%.
SoftBank said the capital used for this investment came from foreign currency-denominated senior bonds that it announced on Sept. 24.
The update was attributed to CLS.
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