Softbank has completed its $40 billion investment commitment to Microsoft-backed (MSFT) OpenAI, CNBC reported Tuesday, citing sources familiar with the matter.
The Japanese investment firm sent a final $22 billion to $22.5 billion last week, the report said, adding that the investment takes Softbank's stake in OpenAI above 10%.
Softbank and OpenAI did not immediately respond to MT Newswires' request for comment.
(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
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