(Reuters) -Softbank has approved a second installment of $22.5 billion to complete its $30 billion investment in OpenAI, the Information reported on Saturday. The Japanese investment group's board has approved the installment as long as the artificial intelligence startup completes a corporate restructuring that would pave the way for an eventual public offering, the Information report said, citing a person with knowledge of the decision. Reuters could not immediately verify the report. (Reporting by Chandni Shah in Bengaluru; editing by Diane Craft)
(The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)
Mumbai (Maharashtra) [India], June 26: In a significant move aimed at strengthening environmental governance and…
Jamshedpur (Jharkhand) [India], June 26: XLRI – Xavier School of Management has been awarded the…
For years, the adventures of the little yellow Minions have been delighting cinema-goers. In their…
By Danielle Broadway Los Angeles, June 25 (Reuters) - "The Invite," an American comedy film…
Noida (Uttar Pradesh) [India], June 25: In an era where technology is redefining every aspect…
Lucknow (Uttar Pradesh) [India], June 25: Every year on International Yoga Day, conversations around yoga…