Soft Bank intends to invest $ 25 billion in "Oben Ai"
Softbank Group Corp has been conducting investment negotiations for an amount of $ 25 billion in Openai, a step that can make it the largest supporter of this emerging company in the field of artificial intelligence, according to a report published by the “Financial Times” newspaper. The two companies lead the ‘Project Stargate’ in Texas, with plans to invest $ 100 billion to build data and other infrastructure associated with artificial intelligence. According to the previous statements, the two companies are finally aimed at investing $ 500 billion in four years. The association of the majority of the two companies, Masyoshi Sun, Wissam Altman, is due to their long relationship arising from their common interest in the development of artificial intelligence technology. Soft Bank could invest between $ 15 and $ 25 billion directly in ‘Oben AI’, in addition to its commitment to more than $ 15 billion for the “Stargit” project, the newspaper, which people who are familiar with the negotiations. Some players in the technology industry, including Elon Musk, expressed his doubts about the lack of details of “Stargate” and his financing, as the founder of “Xai” expressed his doubts about whether the businesses that joined US President Donald Trump could fulfill their promises.