Key Points SoftBank’s Vision Fund will invest $500 million in OpenAI during its current $6.5 billion funding round. OpenAI’s valuation, set at $150 billion, depends on the company restructuring into a for-profit corporation. Apple has reportedly pulled out of the funding round, leaving SoftBank to make its first investment in OpenAI. OpenAI is working on restructuring its corporate model, moving away from nonprofit control to attract higher returns for investors. According to a report from The Information, Japanese telecommunications giant...