ChatGPT-maker OpenAI is flush with cash, thanks to the likes of Masayoshi Son’s SoftBank. The Japanese conglomerate chipped in $500 million during a recent funding round that valued the Sam Altman-led company at a staggering $157 billion. Announced yesterday (Oct. 2) and led by Thrive Capital, the $6.6 billion round also drew in A.I.-focused companies like Microsoft (MSFT) and Nvidia (NVDA) and investment firms such as Tiger Global Management, ARK Invest and Altimeter Capital.
Son didn’t...