Lynn Duan

Yeah, and I think we had one of the analysts out in Asia saying he is literally betting the house on OpenAI and other AI stakes.

Now that being said, it's probably worth pointing out that it's as much as $30 billion as opposed to $30 billion itself.

So we'll see exactly where he lands there.

But I mean, let's face it, like SoftBank has already invested tens of billions of dollars in OpenAI.

So what's another $30 billion at this point, right?

That's exactly right.

And we've been reporting on this funding round that OpenAI has been orchestrating over the past several months for a while now.

Obviously, SoftBank isn't the only name that is intended to invest in this round.

We very recently broke the news that OpenAI has been in conversations with very big name investors in the Middle East.

And so it's possible that we see some sovereign wealth money wind up in this round.

Now, in terms of what they're targeting valuation-wise, very difficult to say.

It's even difficult to say exactly how much they may end up raising in the end.

The ranges that you've seen out there from us, from others in the media, are kind of all over the place.

It's like anywhere from $750 billion to $850 billion, depending on where investors in OpenAI decide to land in the end.

So it's very much an active...

round and we continue to try to keep tabs of exactly where it lands.

Well, I think it's probably two different questions that you're looking to unpack there.

One is,

What does SoftBank selling down its stake in NVIDIA really mean?

And I think that for a moment, people were making the mistake of interpreting that as, ooh, SoftBank sees that it's getting like way over its skis and it's not really, you know, all in on AI, when in fact what it was really doing is trying to raise enough money to make even more bets on AI.