I got your joke but SoftBank is trying to invest into OpenAI Chip business that's why SoftBank is raising money..
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Vaibhav Babruwan Shingde
Studentย โขย 3m
SoftBank is planning to invest $25 Billion in OpenAI.
9 replies4 likes
Chamarti Sreekar
Passionate about Pos...ย โขย 3m
OpenAI and SoftBank are developing Cristal Intelligence, an AI system for enterprises. SoftBank plans to invest $3B annually, using o1-series models to automate tasks, boosting productivity.
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Chamarti Sreekar
Passionate about Pos...ย โขย 1m
OpenAI is finalizing a $40B funding round led by SoftBank, with $10B up front and another $30B by 2025 if it restructures into a for-profit company. ๐ฐ
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Vaibhav Babruwan Shingde
Studentย โขย 9m
Do you think , Softbank is pulling money from Indian Startups โ๐ค
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Vaibhav Babruwan Shingde
Studentย โขย 1y
I have made some analysis on Recent trends and hope you guys like it ๐คฉ ๐ ๐ฏ
โข In 2024, most startups are focusing on profits because they are aiming for an initial public offering (IPO). The winter funding round hit startups very badly, and there
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6 replies12 likes
Chamarti Sreekar
Passionate about Pos...ย โขย 4m
openai is losing money on pro plan๐
7 replies7 likes
Vaibhav Babruwan Shingde
Studentย โขย 1y
Guys, what do you think about why SoftBank is pulling their money out of Indian startups?
2 replies8 likes
Vaibhav Babruwan Shingde
Studentย โขย 1y
SoftBank's Masayoshi Son is pivoting to AI and chips.๐
โข In Q4 2023, SoftBank listed loss of 500 Million Dollars and recently Softbank didn't invest in any startups .
โข Mostly SoftBank is investing in AI Startups .
โข What do you think about it an
Let's decode one pattern :
โข Companies were backed by Softbank such as OYO, OLA Electric and FirstCry are continuously filing for IPO but some IPO's approved or some failed for IPO.
โข Startups backed by Softbank such as OLA Electric and OYO are ra
The Stargate Project :
The Stargate Project is investing $500 billion over four years to build AI infrastructure for OpenAI in the U.S., starting with $100 billion. This initiative will bolster American AI leadership, create hundreds of thousands o