Softbank has fully funded $40 billion investment in OpenAI, sources tell CNBC

Softbank has fully funded billion investment in OpenAI, sources tell CNBC

SoftBank has fully funded OpenAI commitment of $40 billion, according to sources

Softbank has completed its $40 billion investment commitment to OpenAI, sources told CNBC’s David Faber.

The Japanese investment giant sent over a final $22 billion to $22.5 billion investment last week, according to the sourced familiar with the matter. Softbank had previously had syndicated $10 billion and invested $8 billion in the ChatGPT maker.

CNBC reported in February that the company was finalizing a $40 billion investment in the Sam Altman-run startup at a $260 billion pre-money valuation.

At the time, sources told Faber that the funding would be paid out over a 12 to 24 month period. Some of the money was slated to support OpenAI’s artificial intelligence infrastructure Stargate joint venture with Oracle and Softbank.

This is breaking news. Please refresh for updates.

Source

Technology

For car, phone, even tractor owners, a populist wave is rising to end the ‘captive’ repair economy

April 25, 2026

Ohio gubernatorial candidate Casey Putsch speaks with supporters at a campaign event in Toledo, Ohio, on Thursday, April 9, 2026. He is far behind in the polls, but Putsch is part of a nationwide message of economic populism and is promoting “right to repair” legislation. Sue Ogrocki | AP It used to be that if […]

Technology

Wall Street is getting bullish on neoclouds. These stocks hold more risk than other AI plays

April 25, 2026

There’s a lot of market buzz on the emerging crop of companies known as neoclouds, but these stocks are not for the faint of heart. Neoclouds are building AI-dedicated computing infrastructure and represent the risky edge of artificial intelligence investing. They stand in contrast to the hyperscalers, such as Amazon Web Services , Google Cloud […]

Technology

We tried out xAI’s Grok chatbot while driving a Tesla in NYC. Here’s what happened.

April 25, 2026

Tesla owner Mike Nelson has been using the AI chatbot Grok in his vehicle for several months now. He finds it is useful, nearly irresistible, and dangerous. Nelson, a lawyer with a background in auto insurance, showed CNBC how he uses Grok on a drive around the New York metro area. Nelson said that while […]