Reuters reported earlier this month that the AI leader was raising $6.5 billion in convertible bonds.
And I withdrew Apple Among the plans to participate in the huge financing round that currently values the emerging artificial intelligence company at about $150 billion before SoftBank’s investment, according to a Reuters report.
However, the evaluation will be conditional on whether the company designing the GPT chat program is able to change its corporate structure and remove the maximum profit for investors.
The Information said that the deal represents SoftBank Group’s first investment in the company led by Sam Altman.
Reuters reported on Wednesday that OpenAI is working on a plan to restructure its core activities and transform into a profitable company.
