SoftBank executives grow uneasy over Son’s bets on OpenAI, Bloomberg says

SoftBank Group (SFTBY) invested billions in OpenAI last year, leading to some executives asking Masayoshi Son what would happen if ChatGPT ever failed, Min-Jeong Lee and Mayumi Negishi of Bloomberg reports. On multiple occasions, Son has dismissed such questions, often so bluntly that his lieutenants have stopped asking, people familiar with the conversations told Bloomberg. Recent breakthroughs by rival Anthropic, however, has raised doubts about OpenAI, with some SoftBank officials anxious over the ballooning commitment to the U.S. company.