According to media reports on Monday, Japan's telecommunications company SoftBank's Vision Fund will invest $0.5 billion in the latest round of financing for the ai company OpenAI. Earlier this month, it was reported that OpenAI at the core of the ai boom will raise $6.5 billion in the form of convertible notes. It was reported that Apple (AAPL.O) has abandoned plans to participate in this large financing round. Prior to SoftBank's investment, the current valuation of this ai startup company is $150 billion. However, the valuation will depend on whether the operator of ChatGPT can disrupt its company structure and remove the profit cap for investors. The report stated that this transaction marks SoftBank's first investment in OpenAI.