SoftBank in talks to invest up to $30 billion more in OpenAI, source says

Jan 27 (Reuters) – SoftBank is in discussions to invest up ​to an additional $30 billion ‌in OpenAI, a person familiar with the ‌matter told Reuters on Tuesday.

The investment would form part of a funding round that could ⁠raise up ‌to $100 billion for OpenAI, valuing the ChatGPT maker at ‍about $830 billion, the source added.

The Wall Street Journal first reported the ​news.

SoftBank and OpenAI did not ‌immediately respond to Reuters’ requests for a comment on the WSJ report.

Last year, Masayoshi Son-led SoftBank completed a $41 billion investment in ⁠OpenAI, marking one ​of the largest ​private funding rounds on record and giving the Japanese ‍firm an ⁠estimated 11% stake in the ChatGPT maker.

(Reporting by Deepa Seetharaman ⁠in San Francisco and Mrinmay Dey ‌in Mexico City; Editing ‌by Sherry Jacob-Phillips)