SoftBank completes $40 billion investment in OpenAI: Report

Softbank has completed its $40 billion investment in ChatGPT maker OpenAI, CNBC reported. The Japanese investment major sent over the final $22 billion to $22.5 billion investment last week, taking its stake in the AI startup to over 10%. In March, SoftBank committed to invest up to $40 billion in OpenAI at a post-money valuation of around $300 billion.