New Delhi, April 20 -- SoftBank Group, the Japanese conglomerate known for its big bets in the technology sector, is in the news for leading a $40 billion investment in OpenAI, the creator of ChatGPT. Its latest investments valued OpenAI at $300 billion, two times its valuation in October 2024, when it raised $6.6 billion from a clutch of investors, including SoftBank.

SoftBank explained that it considered OpenAI to be its "partner closest to achieving Artificial General Intelligence, a key milestone on the path to ASI (Artificial Super Intelligence)".

OpenAI has been launching increasingly better versions of AI tools, and recently announced it has crossed 1 billion weekly active users.







The latest investment reinforced SoftBank f...