If Son spends $40 billion or more on his investment into OpenAI, it would be one of his largest ever – beating SoftBank’s $16 billion deal with WeWork, the failed office space company.
The company has a troubled history with past investments — remember WeWork? — posting a record $32 billion loss for its Vision Fund in 2023, for instance. In short, OpenAI just doubled its ...
The former New York City firefighter spent 47 years at Cushman & Wakefield (CWK) before becoming WeWork’s first full-time ...
which resulted in the company’s disastrous backing of WeWork. “All I know is I’m good for my $80 billion.” OpenAI and SoftBank will each commit $19 billion to Stargate, according to The ...
OpenAI has already launched a preview of its ... particularly when it comes to transforming the nature of work. It lost billions on WeWork, for example, and threw $375 million at now-defunct ...
OpenAI can approve or veto the new investors ... including $14.2bn on Adam Neumann, the founder of WeWork, which eventually tumbled into bankruptcy. At one point, some of Son’s own backers ...
SoftBank’s potential investments in Stargate and OpenAI have been in discussion for months. If Son spends $40bn or more, it will be one of his biggest ever investments, eclipsing the $16bn that ...
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SoftBank CEO Masayoshi Son's Net Worth Is 11 Figures—How He Made His BillionsBillionaire Masayoshi Son, founder and CEO of Japanese multinational investment company SoftBank Group, is one of the richest ...
Public market investors must also evolve their analytical frameworks. Traditional metrics like price-to-earnings (P/E) ratios ...
OpenAI is in early talks to raise up to $40B that would value the generative artificial intelligence startup at $340B, The Wall Street Journal reported. SoftBank is already partnering with OpenAI ...
Masayoshi Son’s reportedly investing as much as $25 billion into OpenAI on a valuation of up ... on a par with his $4 billion investment in WeWork at $47 billion, an overweighting on a ...
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