Summarize this content to 2000 words in 6 paragraphs in Arabic When Masayoshi Son and Sam Altman first met each other in 2017 at SoftBank\u2019s offices in Tokyo, the younger entrepreneur lacked a project large enough to tempt the tech billionaire to get his cheque book out.Over the next two years, as Altman\u2019s OpenAI evolved into one of the world\u2019s most potent artificial intelligence companies, Son tried to invest close to $1bn in the ChatGPT maker.Altman refused.He instead opted for Microsoft, which could provide the computing power needed to turbocharge his company\u2019s growth, according to a person with direct knowledge of the decision. Altman\u2019s OpenAI has since become one of the fastest-growing start-ups of all time and is straining to grow beyond its partnership with Microsoft. That has cleared a path for SoftBank to lead the largest-ever start-up investment \u2014 a $40bn round into OpenAI. In return, Son gets something he craves: a place at the centre of the AI world.On stage in Tokyo this week, the two men discussed a connected plan: a $500bn AI data centre project dubbed \u201cStargate\u201d. Son, a few years shy of 70, still revelling in his abilities as a showman, sat across from Altman, nearly 30 years his junior and a man who seemed less at ease in front of a crowd.For all their differences, they share a conviction that the era of artificial general intelligence \u2014 when machines can outperform humans across cognitive fields \u2014 is at hand, and that exponentially more powerful superintelligence will follow.\u201cWhen I met you when you were younger\u2009.\u2009.\u2009.\u2009you said that you\u2019re going to go for AGI and I immediately said, \u2018I believe you. I want to invest,\u2019\u201d Son told Altman in Tokyo. \u201cFrom there I was a believer. I never doubted. Most people at that time thought you were crazy, right?\u201d \u201cSome people think you\u2019re crazy too. It all works out,\u201d Altman replied.The deal Son and Altman are putting together is unprecedented in size and structure, with talks between SoftBank and OpenAI playing out over two stages, according to people with knowledge of the plans.\u00a0First, there is an exclusive funding round in which SoftBank has committed to invest up to $40bn in OpenAI. SoftBank is not expected to provide the full amount on its own and has the right to bring other partners into the funding round.\u00a0OpenAI can approve or veto the new investors, according to a person with direct knowledge of the plans.The funding round is expected to value OpenAI at a pre-money valuation of $260bn. \u201cIt\u2019s Masa\u2019s round, but Masa will be allowed to bring other investors into OpenAI on a limited basis,\u201d said one person involved in the talks.In the second phase, SoftBank is planning to initially put about $15bn-$20bn into Stargate. OpenAI, with new money from the SoftBank round, has agreed to match whatever figure the Japanese group puts into the infrastructure project.Partners including MGX, the Abu Dhabi state-owned fund and a Stargate equity investor, intend to make further investment decisions once they see progress on the project, according to three people with knowledge of the plans.OpenAI and SoftBank declined to comment.The deal fits Son\u2019s record of taking leaps of faith, backed by billions in capital, often overriding the recommendations of his lieutenants.An early $20mn bet on Jack Ma just a year after Alibaba was founded made Son billions and forged his reputation as a star investor.\u00a0His search for the next big thing has also resulted in numerous dramatic losses, including $14.2bn on Adam Neumann as WeWork tumbled into bankruptcy. At one point, some of Son\u2019s own backers had to veto his attempts to invest billions more into Neumann\u2019s company, according to a person with knowledge of that decision.\u201cThe Achilles heel of Masa is he just falls in love with these visionary young men,\u201d said one person who has worked closely with him.The plan for Stargate was put together rapidly over the past few months, often with just Son and Altman thrashing out the details without advisers present, said people familiar with the process.\u201cUntil three months ago, Sam was dating\u2009.\u2009.\u2009.\u2009but in the past few months he\u2019s decided he will commit to Masa,\u201d said one of the people close to SoftBank.Some of Son\u2019s advisers are trying to rein him in again, mindful that Altman has his own motivations \u2014 including trying to extend its partnerships beyond its current biggest backer, Microsoft.\u00a0\u00a0\u201c[Sam] is no longer running a start-up. It\u2019s a big company with big ambitions. So all power to them,\u201d said a person familiar with Microsoft\u2019s thinking.As well as the two main characters, a core executive team was tasked with working out the details. It included Sarah Friar, OpenAI chief financial officer, Peter Hoeschele, in charge of infrastructure buildout at OpenAI, Rene Haas, Arm CEO and Vikas Parekh, an executive from SoftBank.Stargate is designed solely for the use of OpenAI, based on the assumption that the San Francisco-based group\u2019s demand for computing power will continue to skyrocket. But, according to one person with direct knowledge of the joint venture, OpenAI has not signed a contract guaranteeing its usage.\u201cThe Stargate deal is not a standard deal\u2009.\u2009.\u2009.\u2009[Son] has to build this with the belief and understanding that OpenAI will want to take the compute. But there\u2019s no contract,\u201d they said.OpenAI expects to sign agreements to make use of any sites that Stargate develops or invests in, and could ultimately open the project to other customers, according to a person close to the company. Another person familiar with SoftBank\u2019s thinking said they would not start building data centres without such a contract in place.OpenAI argued in a paper last year that \u201cinfrastructure is destiny\u201d and Altman has been bullish about the company\u2019s ability to beat rivals to AGI given enough resources.\u00a0But new, more efficient AI models are emerging, such as Chinese AI company DeepSeek\u2019s R1, which have challenged assumptions about the advantages of scale.\u00a0Any slowing of demand for massive data centres would pose a significant problem for Stargate. \u201cIf you don\u2019t have OpenAI driving demand, you will have what you had in the semiconductor cycle: empty fabs [semiconductor fabrication plants],\u201d said the investor who has worked with Son.\u00a0\u201cIt will get very bloody, very ugly.\u201d The novel arrangement anchors Son to Altman, tying SoftBank\u2019s fate to OpenAI\u2019s ability to continue growing both its valuation and its demand for data centres. The two groups have also put together a joint venture in Japan to sell OpenAI products and SoftBank group companies have committed to spending another $3bn a year on OpenAI services.\u201cAt the moment, what\u2019s good for Sam is good for Masa,\u201d said a person familiar with the pair, noting that Son\u2019s plans remain bigger than OpenAI, including moving into chip production.The same people also argue that not all of Son\u2019s biggest moves are due to a belief in individuals, highlighting the bet to acquire Arm. The UK chip designer \u2014 which was listed last year and in which SoftBank still owns close to 90 per cent\u00a0\u2014 has given Son the potential to access billions in funds and collateralised loans, as well as a core piece of the AI sector.\u201cEvery hedge fund, entrepreneur and technologist is thinking \u2018how do I chip away at Sam Altman?\u2019\u2019\u2019\u00a0said one major investor. \u201cWith Masa\u2019s money can he create an unassailable lead?\u201dAdditional reporting by Michael Acton in San FranciscoVideo: AI is transforming the world of work, are we ready for it? | FT Working It<\/p>\n","protected":false},"excerpt":{"rendered":"
Summarize this content to 2000 words in 6 paragraphs in Arabic When Masayoshi Son and Sam Altman first met each other in 2017 at SoftBank\u2019s offices in Tokyo, the younger entrepreneur lacked a project large enough to tempt the tech billionaire to get his cheque book out.Over the next two years, as Altman\u2019s OpenAI evolved<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[63],"tags":[],"class_list":{"0":"post-196814","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-tech"},"_links":{"self":[{"href":"https:\/\/globetimeline.com\/ar\/wp-json\/wp\/v2\/posts\/196814","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/globetimeline.com\/ar\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/globetimeline.com\/ar\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/globetimeline.com\/ar\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/globetimeline.com\/ar\/wp-json\/wp\/v2\/comments?post=196814"}],"version-history":[{"count":0,"href":"https:\/\/globetimeline.com\/ar\/wp-json\/wp\/v2\/posts\/196814\/revisions"}],"wp:attachment":[{"href":"https:\/\/globetimeline.com\/ar\/wp-json\/wp\/v2\/media?parent=196814"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/globetimeline.com\/ar\/wp-json\/wp\/v2\/categories?post=196814"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/globetimeline.com\/ar\/wp-json\/wp\/v2\/tags?post=196814"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}