Investment giant SoftBank Group has officially announced through its subsidiary SoftBank Vision Fund 2 that it has completed a second additional investment of $10 billion in OpenAI. In order to successfully raise the large amount of capital required for this investment, SoftBank has successfully borrowed an equivalent $10 billion from external sources today, according to the transitional loan agreement signed earlier.
This large-scale investment is part of SoftBank's previously announced $30 billion overall additional investment plan, which will be implemented in three phases. According to SoftBank Group's plan, the third phase, also worth $10 billion, is expected to be completed on October 1st this year.
Masayoshi Son supports the future of AI
Before the start of this phased additional investment, SoftBank had injected $500 million into OpenAI through its Vision Fund in 2024, which was also their first in-depth capital cooperation. As the core promoter of the Vision Fund, SoftBank Group Chairman and CEO Masayoshi Son has long held an extremely grand investment vision for artificial intelligence and cutting-edge technology.
Masayoshi Son once made historic large-scale investments in several global tech giants, such as Uber and ByteDance, through the Vision Fund with his unique insight. With this round of total $3 billion in significant funds being accelerated, SoftBank is comprehensively deepening its strategic leading position in the global cutting-edge artificial intelligence sector.
