OpenAI Close to Finalizing Its $40B SoftBank-Led Funding

Amazing to think they could have acquired up to 100 medium&#x2F;large companies with real products and real profits.<p>40B is not insane —- it’s Ludicrously Insane (a la Spaceballs)

Is it me or does every time SoftBank get involved in anything it is a clear sign of bubble and oodles of over valuations where early folks get bailed out and later ones are left holding the bag? I&#x27;m not even talking about wework. Others who SB invested in saw a crater in valuation after IPO and had to spend years recovering.

I think OpenAI has caught the non tech mind share. I noticed just this week that my friend group and girlfriend no longer say we will Google something, but rather let me ask ChatGPT…

So the Japanese Government for a brief moment has the power to bring down the AI hype

That’s an insane amount of money. What is open AI cooking behind the scenes?

let&#x27;s see if the &quot;mega round by softbank&quot; as sell signal is still valid

softbank is once again the dumb money on the poker table. just like wework.