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SoftBank completes $30 billion follow-on investment in OpenAI
A post citing SoftBank says proceeds from roughly $11.1 billion in high-yield notes funded the final $10 billion tranche.
TLDR
A post citing SoftBank says it invested the third and final $10 billion tranche through Vision Fund 2 on October 1, completing a $30 billion follow-on announced in February. The post puts SoftBank’s cumulative OpenAI investment at $64.6 billion for about a 13% stake. It says bond proceeds funded the final tranche and SoftBank canceled the remaining $10 billion available under a bridge facility.
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