OpenAI seeks huge financing, SoftBank plans to invest $15 billion to $25 billion

According to CNBC, OpenAI is seeking a huge financing of $40 billion, with a valuation of $340 billion. SoftBank plans to invest $15 billion to $25 billion. If the deal goes through, SoftBank will become the largest shareholder of OpenAI. This huge amount of money will be mainly used to promote the "Stargate" plan, which is expected to invest $500 billion to build AI computing infrastructure.