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SoftBank Considers $.5B Investment in Microsoft Corporation (MSFT)-Backed OpenAI Through Tender Offer


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Published in Stocks and Investing on by Thomas Matters   Print publication without navigation

We recently compiled a list of the 15 AI News You Should Not Ignore. In this article, we are going to take a look at where Microsoft Corporation (NASDAQ:MSFT) stands against the other AI stocks. Even as the United States pursues a tougher trade policy towards China,

SoftBank Group Corp. is reportedly in discussions to invest approximately $1.5 billion in OpenAI, the artificial intelligence company backed by Microsoft Corporation (MSFT), through a tender offer. This investment would involve buying shares from existing shareholders, including employees, rather than directly investing in new equity. The deal, if it goes through, would value OpenAI at around $100 billion, highlighting the significant interest and high valuation of AI technologies. This move comes as part of SoftBank's broader strategy to bolster its portfolio with cutting-edge technology firms, especially in the AI sector, following its previous investments in companies like Arm Holdings. However, details such as the final investment amount and terms are still under negotiation, and there's no confirmation yet on whether the deal will be completed.

Read the Full MSN Article at [ https://www.msn.com/en-us/money/savingandinvesting/softbank-considers-1-5b-investment-in-microsoft-corporation-msft-backed-openai-through-tender-offer/ar-AA1uSpXn ]

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