
SoftBank
softbank-1c2781bc·5 events·first seen 28d agoAliases: SoftBank, SoftBank Group
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SoftBank Group
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Recent events (5)
OpenAI Announces $110B Investment Round at $730B Valuation
OpenAI has announced a $110 billion investment round at a $730 billion pre-money valuation. The round includes $30B from SoftBank, $30B from NVIDIA, and $50B from Amazon. This represents one of the largest private funding rounds in history and significantly increases OpenAI's capitalization for scaling AI infrastructure and development.
OpenAI, Oracle, and SoftBank expand Stargate with five new AI datacenter sites
OpenAI, Oracle, and SoftBank have announced five additional datacenter sites under the Stargate initiative, a $500 billion U.S. AI infrastructure program targeting 10 gigawatts of compute capacity. The expansion accelerates the buildout of physical infrastructure intended to support next-generation AI workloads. The announcement emphasizes domestic job creation alongside the technical capacity additions.
Announcing The Stargate Project
OpenAI has announced the Stargate Project, a major AI infrastructure initiative. The project represents a large-scale investment in AI compute and data center infrastructure in the United States. Based on prior reporting, Stargate involves a joint venture with SoftBank and other partners targeting up to $500 billion in AI infrastructure investment over four years. This is one of the largest announced AI infrastructure commitments in history.
OpenAI and SoftBank Group Partner with SB Energy for Multi-Gigawatt AI Data Center Campuses
OpenAI and SoftBank Group have announced a partnership with SB Energy to develop multi-gigawatt AI data center campuses. The initiative includes a 1.2 GW facility in Texas that will support the Stargate project. This represents a major infrastructure investment aimed at scaling AI compute capacity.
OpenAI and Amazon Partner to Build Stateful Runtime Environment for AI Agents on AWS
OpenAI and Amazon Web Services announced a partnership to build a stateful runtime environment for AI agents, designed to manage agent working states including memories, tool connections, and user permissions, running on Amazon Bedrock. The deal includes a $15 billion Amazon investment in OpenAI (with up to $35 billion more contingent on conditions), a $100 billion expansion of compute commitments using Amazon Trainium chips over 8 years, and makes AWS the exclusive third-party cloud provider for OpenAI Frontier. The arrangement exploits a legal distinction between stateful runtime environments and stateless APIs, allowing OpenAI to work with AWS while Microsoft retains exclusive rights to host OpenAI's stateless API calls. This marks a significant loosening of OpenAI's exclusive cloud relationship with Microsoft, mirroring a parallel diversification trend with Anthropic across cloud providers.