Softbank in conversation to invest up to $ 25 billion in openi
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According to three people familiar with the negotiations, San Francisco Artificial Intelligence Company Openi, on one year -raised frenzy, is interacting with the Japanese group SoftBank.
People said that some of that money can be used to cover Openi’s commitment for the $ 100 billion data center project declared at the White House last week. But the money will be different from investment, the softbank is already putting in that project.
The sources, who had requested oblivion because the talks were confidential, insisted that the discussion around the conditions of investment is still going on. A person familiar with the talks said that the deal could give importance to Openai in the area around $ 250 billion, while the other kept the evaluation close to $ 340 billion. The big figure will make Openai the second most valuable private company in the world, just behind the spacex of Elon Musk, According to CB InsightsWhich tracks the start-up.
A joint venture of Stargate, SoftBank, Openai and Software Company Oracle can invest $ 500 billion in computing infrastructure, companies have said.
The conversation was told earlier To financial times,
Openai started the AI Boom at the end of 2022 with the release of its online chatbot, chatgpt. But the company has been unusually a few years later since then.
Nearly a year after the chat of the chat, the officials are still trying to fix Openai’s reputation after their Chief Executive Officer Sam Altman was unexpectedly removed. He was restored five days later, but Openai has since lost several prominent employees, including Ilya Sutaskewar, its chief scientist and co-founder.
In October, Openai completed a $ 6.6 billion fund-raising deal, which gave the company a price of $ 157 billion, which doubled the evaluation of the high-profile company only nine months ago. Softbank was part of that deal.
In December, Openai unveiled a new AI technology called Openai O3. But after a long time, a small known Chinese start-up called Deepsek shocked the technical industry with the release of an AI system that could match the major AI products made in the United States.
The Chinese company said that it produced its new AI technology at a lower price and with a lower hard-to-computer chips than its American contestants, challenging an industrially confidence that many billions in large and better AIs Dollars will cost. Openai said on Wednesday that it was investigating whether Deepsek may have improperly cut Openai’s data to help creating its system.
(New York Times sued Openai and his partner, Microsoft, accusing them of violation of copyright violations of news material related to the AI system. Openai and Microsoft denied those claims.)
Since Deepsek claimed that it could make AI more economical, there have been questions about the knowledge of hundreds of billions of dollars of investment in new data centers. But many experts believe that the mass computing power will continue to provide companies such as Openai with an edge in the market.
With more chips, they can detect new methods of manufacturing artificial intelligence. In other words, more chips can still give companies a technical and competitive advantage. More chips will also be required to operate new “Reasoning” AI models such as Openai O3. They require more computing power when people and business use them.
Erin Griffith contributed reporting.
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