SoftBank
CyberSociety
SoftBank’s $1.5 Billion Bet on OpenAI: What It Means for the Future of AI
In a remarkable move within the tech industry, OpenAI is allowing its current and former employees to sell shares worth approximately $1.5 billion to SoftBank Group. This tender offer, spearheaded by SoftBank's CEO Masayoshi Son, is set to conclude by December 24, 2024. This development follows SoftBank's earlier $500 million investment in OpenAI's recent funding round, which valued the AI powerhouse at $157 billion.
No posts to display
Latest articles
Politics & Power
The Whistleblower Blackout: While Crypto Laundering Goes Supersonic, U.S. Regulators Hit Mute
Illegal casinos and trading platforms are now laundering through open‑banking APIs, stablecoin rails, and...
Beyond the Laptop
Tipping in Europe: Why I’m Never Quite Sure When to Leave Something
When I’m traveling across Europe, one small question follows me almost everywhere: Should I...
Beyond the Laptop
Lisbon Doesn’t Respect Your Calendar: Hills, Coffee, and the Reality of Working Here
Lisbon is a beautiful city. It is also a very vertical one. And that...
Beyond the Laptop
Lisbon as an Escape: Trading Vienna’s Winter for a Week of Work and Warmth
Two weeks ago, on a Sunday morning, I made a spontaneous decision. Vienna was...
