SoftBank’s Three-Phase Investment in OpenAI Set to Boost Stake to 13% This Year

February 28, 2026 – OpenAI made a blockbuster announcement yesterday, revealing a massive new funding round worth 110billion,withasignificant30 billion contribution from SoftBank. The Japanese conglomerate has also provided a detailed breakdown of its investment strategy in a press release. SoftBank plans to channel its investment into OpenAI through its Vision Fund II. The funds will…

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South Korea’s AI Spending Overtakes Netflix: ChatGPT Dominates Market Share

January 19, 2026 – South Korean consumers are now spending more on AI subscription services each month than on Netflix, according to new data from local media outlet Hankyung Aicel. By December 2025, monthly payments for seven major AI platforms—including ChatGPT and Gemini—are projected to hit ₩80.3 billion (57.7million),surpassingNetflix’s2024averagemonthlyrevenueof₩75billion(54 million) in the country. However, this…

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