OpenAI Close to Finalizing Its $40B SoftBank-Led Funding
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Re: OpenAI Close to Finalizing Its $40B SoftBank-Led Funding
#2Amazing to think they could have acquired up to 100 medium/large companies with real products and real profits.
40B is not insane —- it’s Ludicrously Insane (a la Spaceballs)
Re: OpenAI Close to Finalizing Its $40B SoftBank-Led Funding
#3Amazing to think they could have acquired up to 100 medium/large companies with real products and real profits. 40B is not insane —- it’s Ludicrously Insane (a la Spaceballs)
It's amazing to think after the debacle of 2022 that Softbank still has any money left.
Re: OpenAI Close to Finalizing Its $40B SoftBank-Led Funding
#4Amazing to think they could have acquired up to 100 medium/large companies with real products and real profits. 40B is not insane —- it’s Ludicrously Insane (a la Spaceballs)
It's amazing to think after the debacle of 2022 that Softbank still has any money left.
It doesn’t, I believe it’s borrowing a large portion of it.
Re: OpenAI Close to Finalizing Its $40B SoftBank-Led Funding
#5Amazing to think they could have acquired up to 100 medium/large companies with real products and real profits. 40B is not insane —- it’s Ludicrously Insane (a la Spaceballs)
It's amazing to think after the debacle of 2022 that Softbank still has any money left.
> Japanese giant SoftBank logged a 608.5 billion yen ($3.96 billion) gain on its Vision Fund tech investment arm in its fiscal second quarter ended Sept. 30, posting a steep quarterly increase after swinging back to black in the three months to June.
> The Vision Fund has been cashing in on the success of the September 2023 listing of smartphone chip designer Arm Holdings, in which it owns a sweeping majority stake of around 90%.
https://www.cnbc.com/2024/11/12/softbank-earnings-q2-2024.ht...
Re: OpenAI Close to Finalizing Its $40B SoftBank-Led Funding
#6let's see if the "mega round by softbank" as sell signal is still valid
Re: OpenAI Close to Finalizing Its $40B SoftBank-Led Funding
#7I think OpenAI has caught the non tech mind share. I noticed just this week that my friend group and girlfriend no longer say we will Google something, but rather let me ask ChatGPT…
Re: OpenAI Close to Finalizing Its $40B SoftBank-Led Funding
#8That’s an insane amount of money. What is open AI cooking behind the scenes?
Re: OpenAI Close to Finalizing Its $40B SoftBank-Led Funding
#9I think OpenAI has caught the non tech mind share. I noticed just this week that my friend group and girlfriend no longer say we will Google something, but rather let me ask ChatGPT…
It is pretty funny how such a clumsy programmer-name ended up catching on regardless. At this point even if they move on to a totally different model architecture they'll have to keep calling it GPT forever because that's the name everyone knows.
Re: OpenAI Close to Finalizing Its $40B SoftBank-Led Funding
#10softbank is once again the dumb money on the poker table. just like wework.