SoftBank is in talks to invest up to $25 billion in OpenAI, which would make it the company’s biggest backer, CNBC has confirmed.

The state’s attorney general asked the company how it plans to transfer assets out of its charitable nonprofit.

Released last week, the Chinese company’s website claimed its new R1 artificial intelligence model sported “performance on par with OpenAI-o1.” OpenAI is the San Francisco-based company headed by Sam Altman. Its main product is ChatGPT.

OpenAI’s terms of use are under the “exclusive jurisdiction of courts in California and governed by California law,” senior advocate Amit Sibal, representing OpenAI, said during his arguments in the Delhi High Court. | Photo Credit: Reuters

White House AI czar David Sacks says, “There’s substantial evidence that DeepSeek distilled knowledge from OpenAI models.”

DeepSeek spent far less money on developing a chatbot than US AI companies, but it may have done so by stealing OpenAI’s IP.

As part of what it described as an ongoing investigation, the California attorney general’s office has sought answers from OpenAI about its reported plan to convert to a for-profit corporation and how it intends to transfer assets out of its existing ...

In November, Bloomberg reported that OpenAI was in talks with California’s attorney general over the shift. The company confirmed at the end of December that it was considering a new ...

As part of what it described as an ongoing investigation, the California attorney general's office has sought answers from OpenAI about its reported plan to convert to a for-profit corporation and ...

OpenAI Global defended itself in the Delhi High Court on January 28, 2025, asserting it cannot be sued for copyright infringement in India. The ongoing case involves ANI Media's allegations, with support from industry groups.

According to a recent legal memo, Silicon Valley's hottest business may be entirely based around criminal activity.