2025-03-31, equity
From SoftBank Group to OpenAI
Disclosed: $40bn
Committed: undisclosed
Basis: announced ceiling
Confidence: high
Term: undisclosed
SoftBank Group, 2025-04-01
SoftBank agreed follow-on investments in OpenAI of up to 40 billion US dollars: 10 billion at a first closing and up to 30 billion at a second closing if OpenAI completed a recapitalisation by the end of 2025, with up to 10 billion syndicated to co-investors.
No loops through this deal.