Softbank has fully funded $40 billion investment in OpenAI, sources tell CNBC

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SoftBank has completed its $40 billion investment commitment to OpenAI, sources told CNBC’s David Faber.

The Japanese investment giant sent over a final $22 billion to $22.5 billion last week, according to the sources familiar with the matter. SoftBank had previously syndicated $10 billion and invested $8 billion in the ChatGPT maker.

The investment takes SoftBank’s stake in the company above 10%.

CNBC reported in February that the company was finalizing a $40 billion investment in the Sam Altman-run startup at a $260 billion pre-money valuation.