AI Fund Flows

OpenAI ↔ SoftBank: every deal

All 3 deals between OpenAI and SoftBank: $63B in total since Feb 3, 2025, with dates, status and sources. Updated Nov 9, 2026.

SoftBank → OpenAI
$63B
Feb 27, 2026Funds & debtclosed$30B
🇯🇵 SoftBank → OpenAI · in the $110 billion round

SoftBank co-leads the $110 billion round at $730 billion pre-money with an additional $30 billion.

Mar 31, 2025Funds & debtclosed$30B
🇯🇵 SoftBank → OpenAI · $7.5 billion in Apr 2025 + $22.5 billion in Dec 2025

SoftBank (via Vision Fund 2) commits up to $30 billion of the $40 billion round at a $300 billion post-money valuation; second closing of $22.5 billion completed on 26/12/2025, ~11% stake.

Feb 3, 2025Cloud & servicesannounced$3B
🇯🇵 SoftBank → OpenAI · per year

SoftBank commits to spend $3 billion a year to use OpenAI solutions across its companies; the SB OpenAI Japan JV is created to sell 'Crystal Intelligence' to Japanese businesses.