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Hollywood News

SoftBank completes $41 billion OpenAI investment, to hold 11% stake in ChatGPT maker

SoftBank announced Wednesday that it has completed its $41 billion investment in OpenAI in one of the largest private financing rounds in history. Upon completion of the transaction, SoftBank will now own an 11% stake in ChatGPT parent company.

(This is a developing story. Check back for updates)

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