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Message   VRSS    All   OpenAI's undefined revenue streams fumbled a $30 billion investm   November 15, 2024
 5:55 AM   

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Feed Link: https://www.windowscentral.com
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Title: OpenAI's undefined revenue streams fumbled a $30 billion investment
but later saw a $500 billion kickback with "a clear focus of converting to a
for-profit entity"

Date: Fri, 15 Nov 2024 11:55:26 +0000
Link: https://www.windowscentral.com/software-apps/...

SoftBank Vision Funds CFO revealed the institution had the opportunity to
invest $30 billion in OpenAI in 2023 but didn't because it lacked clear
revenue streams. It recently invested $500 billion in the ChatGPT maker's
$6.6 billion round of funding.

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