SoftBank completes $10 billion of its $30 billion pledge to OpenAI's latest funding round; Nvidia also contributes $10 billion (The Information)
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| Source: Techmeme | Original article
SoftBank and Nvidia each completed the final $10 billion of their $30 billion pledges, fulfilling their contributions to OpenAI’s latest funding round.
SoftBank and Nvidia have each completed the last $10 billion tranche of their $30 billion pledges to OpenAI, closing the most recent funding round. The final SoftBank payment, made on 1 October through Vision Fund 2, brings the Japanese conglomerate’s total stake in the AI lab to $64.6 billion – roughly 13 % of OpenAI’s equity. Nvidia’s parallel $10 billion contribution caps its own $30 billion commitment, leaving the two firms as the round’s largest backers.
OpenAI announced in March that the round secured $122 billion in commitments and valued the company at $852 billion, including the capital already raised. The completion of both investors’ final tranches solidifies the capital base that will fund the lab’s next generation of models, expanded compute infrastructure, and commercial rollout of its API services.
The infusion matters for several reasons. First, it underscores sustained confidence from two of the sector’s most influential players – SoftBank, which has been a long‑term supporter of OpenAI, and Nvidia, whose GPUs power the majority of the lab’s training workloads. Second, the enlarged ownership stakes give both investors a louder voice in OpenAI’s governance as the company edges closer to a potential public listing. Finally, the sheer scale of the funding highlights the growing capital intensity of frontier AI development and may set a benchmark for future rounds.
Going forward, observers will watch OpenAI’s roadmap for new model releases, its timeline for an IPO, and how SoftBank and Nvidia leverage their positions to shape product strategy and compute supply. The market will also gauge whether other tech giants step in with additional capital as the race for advanced AI capabilities accelerates.
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