The purchase will be financed by SoftBank's Vision Fund 2, reflecting CEO Masayoshi Son's ongoing strategy to expand the conglomerate's presence in AI ventures. Son has aggressively increased investments in the sector, including stakes in OpenAI and chip startup Graphcore, as he positions SoftBank to capitalize on the AI boom.
OpenAI continues to command global attention with its flagship product, ChatGPT, which has reached 250 million weekly active users. The company's rapid growth and high valuation underscore its pivotal role in advancing the AI revolution.