CNBC January 30, 2025
Hayden Field, Kate Rooney

Key Points

– OpenAI is in talks to raise new capital at a valuation of up to $340 billion, CNBC has confirmed

– SoftBank would contribute $15 billion to $25 billion of the roughly $40 billion being invested.

– OpenAI faces growing competition in the generative artificial intelligence market, including from China’s DeepSeek.

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.

Masayoshi Son’s SoftBank would lead the round, contributing between $15 billion and 25 billion, according to two people familiar with the negotiations who asked not to be named because the talks are ongoing. SoftBank would surpass...

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