OpenAI's undefined revenue streams fumbled a $30 billion investment but later saw a $500 billion kickback with "a clear focus of converting to a for-profit entity"

SoftBank Vision Funds CFO revealed the institution had the opportunity to invest $30 billion in OpenAI in 2023 but didn't because it lacked clear revenue streams. It recently invested $500 billion in the ChatGPT maker's $6.6 billion round of funding.

https://www.windowscentral.com/software-apps/openai-undefined-revenue-streams-fumbled-softbank-investment

Created 5h | Nov 15, 2024, 1:40:07 PM


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