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SoftBank Bets $32 Billion on OpenAI in Push for Artificial Superintelligence Dominance
SoftBank Bets $32 Billion on OpenAI in Push for Artificial Superintelligence Dominance
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BTCCSquare news:
Masayoshi Son is staking SoftBank's future on artificial superintelligence. The tech visionary plans to invest up to $32 billion in OpenAI by year-end—a move that WOULD rank among the largest private company investments in history.
The Japanese conglomerate's February partnership with OpenAI already spawned Cristal Intelligence, an enterprise AI venture serving major corporations. Son predicts ASI will generate 600 trillion yen ($4.155 trillion) in profits this decade, with winners concentrated among a select few firms.
SoftBank's founder sees OpenAI's eventual IPO as a path to becoming Earth's most valuable company. The anticipated public offering, expected within years, underscores Son's strategy of maintaining strong US tech alliances.
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