OpenAI, the maker of ChatGPT, is seeking to raise $40 billion in a fresh round of funding that would value the startup at a staggering $340 billion, the Wall Street Journal Reported on Thursday.
SoftBank would lead $40 billion round for the ChatGPT maker, some of which would go to Stargate AI infrastructure venture.
OpenAI is in talks to raise up to $40 billion in a funding round that would lift the artificial intelligence company's valuation to as high as $340 billion, CNBC has confirmed.
Meta Platforms CEO Mark Zuckerberg announced the social media company plans to spend as much as $65 billion this year alone to build on its artificial intelligence efforts.
OpenAI is in early talks to raise up to $40B in a funding round that would value the ChatGPT maker at $340B, The Wall Street Journal’s Berber
As a result a big change is afoot in the economics of a digital economy built on providing cheap services to large numbers of people at low marginal cost, thanks to free distribution on the internet.
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DeepSeek R1 disrupts AI industry with cost-effective model, challenging billion-dollar valuations of tech giants.
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Meta Platforms plans to invest $60-$65 billion in 2025 to enhance its AI infrastructure, aiming to compete with OpenAI and Google. CEO Mark Zuckerberg envisions their AI, Llama 4, becoming the industry benchmark and expects it to serve over 1 billion users by 2025.
The joint venture will deploy US$100 billion “immediately” and have a goal of increasing to “at least” US$500 billion in AI projects, including data centers and physical campuses.
Michael Dell thinks his fellow technology founders need more tailored advice. BDT & MSD, the merchant bank whose advisory board he chairs, is expanding its business to help them get it.The firm is hiring Ryan Nolan,
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