The Japanese bank is keen to increase its stake in the AI market leader, which is also backed by Microsoft.

OpenAI is allowing its current employees to sell shares in a tender offer to Softbank.

OpenAI on Tuesday introduced a new $1.5 billion tender offer, a continuation of its recent $6.6 billion funding round, led by ...

SoftBank Group Corp. (SFTBY) is planning to purchase OpenAI stock worth $1.5 billion as part of CEO Masayoshi Son's strategy to ...

SoftBank Group Corp. aims to increase its stake in OpenAI by acquiring up to $1.5 billion in shares from the startup’s ...

SoftBank is poised to increase its stake in OpenAI, the creator of ChatGPT, through a $1.5 billion tender offer. This allows ...

SoftBank chief executive Masayoshi Son is pushing for the tender offer after repeatedly asking for a larger stake in OpenAI, ...

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OpenAI, the leading artificial intelligence (AI) start-up, has bagged a fresh investment of nearly $1.5 billion from Japanese ...

Employees have until December 24 to decide whether to participate in the newly disclosed tender offer. The deal was ...

It is the latest in a series of recent artificial-intelligence bets made by SoftBank and its investment funds, under founder ...

The report comes after Microsoft-backed OpenAI completed a $6.6 billion funding round from investors, including SoftBank in ...