OpenAI Now Worth $300 Billion After Massive $40B Funding Round
- OpenAI raises $40B, boosting valuation to $300B with SoftBank and other investors.
- SoftBank leads with $7.5B, while second tranche aims for $30B by 2025.
- OpenAI plans restructuring, with SoftBank reducing investment if not completed.
OpenAI completed its largest funding round yet, raising $40 billion. This new financing, including investments from SoftBank Group Corp. and other major venture capital firms, pushes the prominent AI company’s valuation to $300 billion. This marks a significant increase from its $157 billion valuation reported just last October 2024.
SoftBank will lead the overall investment, contributing an initial $7.5 billion in the first phase. An additional $2.5 billion comes from an investor syndicate that includes Microsoft Corp., Coatue Management, Altimeter Capital Management, and Thrive Capital.
This substantial funding marks SoftBank’s continued strong commitment to advancing the AI industry globally. Its Chairman Masayoshi Son previously described AI as “a defining force shaping humanity’s future.”
Related: OpenAI’s Stargate Dreams Big but Funding Remains El…
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OpenAI Now Worth $300 Billion After Massive $40B Funding Round
- OpenAI raises $40B, boosting valuation to $300B with SoftBank and other investors.
- SoftBank leads with $7.5B, while second tranche aims for $30B by 2025.
- OpenAI plans restructuring, with SoftBank reducing investment if not completed.
OpenAI completed its largest funding round yet, raising $40 billion. This new financing, including investments from SoftBank Group Corp. and other major venture capital firms, pushes the prominent AI company’s valuation to $300 billion. This marks a significant increase from its $157 billion valuation reported just last October 2024.
SoftBank will lead the overall investment, contributing an initial $7.5 billion in the first phase. An additional $2.5 billion comes from an investor syndicate that includes Microsoft Corp., Coatue Management, Altimeter Capital Management, and Thrive Capital.
This substantial funding marks SoftBank’s continued strong commitment to advancing the AI industry globally. Its Chairman Masayoshi Son previously described AI as “a defining force shaping humanity’s future.”
Related: OpenAI’s Stargate Dreams Big but Funding Remains El…
The post OpenAI Now Worth $300 Billion After Massive $40B Funding Round appeared first on Coin Edition.
Read More
AI Trading Bots: Powerful Assistants or Flawed Predictors? A Deep Dive