SoftBank has committed to invest 64.6 billion USD in OpenAI
The credit default swaps of SoftBank Group are hovering near a three-year high, as traders assess the potential impact on OpenAI's financing plans. SoftBank has committed to investing $64.6 billion in OpenAI.
OpenAI is in early negotiations with investors, planning a new round of financing before its initial public offering, with a valuation exceeding $1.2 trillion.
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