SoftBank races for $22.5bn OpenAI deal: Masayoshi Son goes ‘all-in’; IPO plans in play

SoftBank is reportedly nearing a $22.5 billion funding commitment to OpenAI, employing aggressive tactics like selling major stakes in Nvidia and T-Mobile. CEO Masayoshi Son’s “all-in” move aims to dominate AI, with plans including a joint venture for US AI infrastructure and a potential PayPay IPO.