Softbank approves remaining $22.5 billion of OpenAI investment, The Information reports

SoftBank (9984.T) has approved a second installment of $22.5 billion towards its $30 billion investment in OpenAI, according to a report by The Information on Saturday.

The Japanese investment group's board gave the green light for the payment, contingent on the artificial intelligence startup completing a corporate restructuring that would set the stage for a potential public offering, the report stated, citing a source familiar with the decision.

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