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The Economic Times
The Economic Times

SoftBank completes second $10 billion tranche of its $30 billion OpenAI investment

SoftBank Group has completed the second tranche of its investment in OpenAI, deploying another $10 billion through its Vision Fund 2.

The investment is part of the additional $30 billion commitment SoftBank announced in February. At the time, OpenAI unveiled $110 billion in fresh funding at a pre-money valuation of $730 billion. The round included $30 billion each from SoftBank and Nvidia, alongside $50 billion from Amazon.

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