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🤖 SoftBank backs OpenAI's restructuring plan, with CFO Yoshimitsu Goto stating it's “not the wrong direction.” As OpenAI shifts to a public benefit corporation, it’s also reportedly renegotiating terms with Microsoft—signaling deeper strategic shifts in the AI landscape.
SoftBank supports OpenAI’s latest plan to turn its for-profit division into a public benefit corporation, even if the overall business remains under the control of its nonprofit, according to CFO Goto via @meiyume
OpenAI's $40 billion round led by SoftBank may be readjusted to $20 billion if the ChatGPT-maker's reorganisation does not go through this year, says SoftBank's Yoshimitsu Goto
𝐎𝐩𝐞𝐧𝐀𝐈 𝐑𝐞𝐬𝐭𝐫𝐮𝐜𝐭𝐮𝐫𝐞𝐬: 𝐖𝐡𝐚𝐭 𝐈𝐭 𝐌𝐞𝐚𝐧𝐬 𝐟𝐨𝐫 𝐂𝐨𝐫𝐩𝐨𝐫𝐚𝐭𝐞 𝐆𝐫𝐨𝐰𝐭𝐡 𝐚𝐧𝐝 𝐈𝐏𝐎 OpenAI is restructuring! Find out how this move shapes its IPO prospects, business model, and long-term growth strategy. #OpenAI restructuring #OpenAIIPO
SoftBank’s rationale for the OpenAI investment. $9984.T
🤖 SoftBank backs OpenAI's restructuring plan, with CFO Yoshimitsu Goto stating it's “not the wrong direction.” As OpenAI shifts to a public benefit corporation, it’s also reportedly renegotiating terms with Microsoft—signaling deeper strategic shifts in the AI landscape.
SoftBank Group seen booking modest fourth quarter loss as Vision Fund suffers
SoftBank supports OpenAI’s latest plan to turn its for-profit division into a public benefit corporation, even if the overall business remains under the control of its nonprofit, according to CFO Goto via @meiyume
