Softbank reportedly plans to invest in ChatGPT-maker and other AI firms

SoftBank is reportedly planning to invest billions of dollars in artificial intelligence (AI), with OpenAI being one of the potential deals on the table. After the successful IPO of Arm, which generated nearly $5 billion, SoftBank's CEO, Masayoshi Son, is looking to invest heavily in AI. Son has previously expressed his admiration for OpenAI's CEO, Sam Altman, and has a strong relationship with the company. SoftBank's mobile unit already works with OpenAI in offering generative AI technology services in Japan. The company is also considering partnerships with other AI firms and a potential acquisition of UK-based AI chipmaker, Graphcore.

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