According to the Financial Times, SoftBank is looking for deals in the artificial intelligence (AI) field, including a potential investment in OpenAI, following the blockbuster listing of its Arm unit.
SoftBank founder and CEO Masayoshi Son is seeking to invest tens of billions of dollars in artificial intelligence, the report said, citing two people familiar with Son’s thinking.
Masayoshi Son said in June that his technology investment group planned to shift its stance to “offensive mode” amid excitement about advances in artificial intelligence.
The Japanese technology investment firm may also seek a broad strategic partnership with ChatGPT maker OpenAI.
The report added that, at the same time, SoftBank is also considering a series of alternatives to OpenAI, including a preliminary acquisition of British artificial intelligence chip manufacturer Graphcore.
SoftBank, OpenAI and Graphcore did not immediately respond to Reuters’ request for comment.
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