slaacaaFeb 27

110 billion more pumped into a company with no sustainable business model in sight

https://lemmy.world/post/43655723

Show threadfubarxFeb 28
NVidia, AWS, and SoftBank are all involved in data center construction. Wonder how much of the $110B are essentially ‘store credits’ that just cycle back to them?
Show threadKnock_Knock_Lemmy_In

This. Softbank are probably the only ones providing actual cash of $30bn to pay employees.

“AWS to provide OpenAI with Amazon EC2 UltraServers, featuring hundreds of thousands of chips, and the ability to scale to tens of millions of CPUs for its advanced generative AI workloads”

Nivida’s investment is measured in GW so that tells you all you need to know.

Follow-on Investments in OpenAI | SoftBank Group Corp.

SoftBank Group Corp. today announced that, on February 27, 2026 (U.S. time), it entered into a definitive agreement with OpenAI Group PBC, a U.S.-based company, to participate in OpenAI’s fundraising round, and to make follow-on investments of USD 30.0 billion via SoftBank Vision Fund 2. Upon completion of the Follow-on Investment, SBG’s cumulative investment in OpenAI is expected to total USD 64.6 billion, representing an ownership interest of approximately 13%.

SoftBank Group Corp.
Feb 28 at 11:50amWeb