OpenAI is in talks to raise as much as US$40 billion in a funding round led by SoftBank Group Corp, according to people familiar with the matter.
OpenAI is seeking to raise up to $40 billion in new funding at a valuation of $340 billion, the Wall Street Journal reported today.
OpenAI is in talks to raise another giant round, of about $40 billion, led by SoftBank, which would value the ChatGPT maker at $300 billion including the investment—nearly double its valuation late last year in a Thrive Capital-led
SoftBank is reportedly considering a historic $25 billion investment in OpenAI, which could surpass Microsoft's stake and position SoftBank as the ChatGPT maker's largest investor.
SoftBank reportedly is in talks to invest up to $25 billion in OpenAI and become the ChatGPT creator’s largest investor.
O SoftBank Group negocia para investir até US$ 25 bilhões na OpenAI, um movimento que poderia torná-lo o maior patrocinador da startup de inteligência artificial.
SoftBank is in talks to inject up to $25 billion directly into OpenAI, positioning the Japanese tech conglomerate to become the ChatGPT maker's largest financial backer, according to initial reporting from the Financial Times on Wednesday evening.
The pre-money valuation may end up being closer to the $200 billion range, said one of the people, who spoke on condition of anonymity to discuss private information. OpenAI was valued at $157 billion in October.
DeepSeek’s success learning from bigger AI models raises questions about the billions being spent on the most advanced technology.
The ChatGPT-maker is reportedly looking to raise up to $40 billion in funding at a $340 billion valuation. SoftBank would lead the round and invest up to $25 billion. SoftBank also announced last week it would be investing in a $500 billion datacenter project with OpenAI called Stargate.
Shares of technology companies rose after a mixed batch of earnings. Shares of Microsoft slid after the software giant's cloud-computing unit's growth fell short of Wall Street analysts' projections.