SoftBank Finalizes $41 Billion OpenAI Investment, Secures 11% Stake

• SoftBank completed a $41 billion investment in OpenAI, acquiring an 11% stake in the ChatGPT maker.
• This marks one of the largest private funding rounds on record, reflecting SoftBank CEO Masayoshi Son's strong commitment to AI.
• The investment includes $22.5 billion from SoftBank and $11 billion from other co-investors, following an earlier $7.5 billion.
• OpenAI's valuation reached $300 billion post-transaction, with a secondary sale later valuing it at $500 billion.
• SoftBank backs OpenAI's 'Stargate' project, a multi-year data center initiative for next-gen AI models.

Why It Matters: SoftBank's massive $41 billion investment gives it an 11% stake in OpenAI, highlighting AI's tech dominance.