PYMNTS.com January 30, 2025
OpenAI is reportedly in talks for a $40 billion funding round that would value it at $300 billion.
The round would be led by SoftBank, which would invest between $15 billion and $25 billion, with the rest coming from other investors, The Wall Street Journal (WSJ) reported Thursday (Jan. 30), citing unnamed sources.
Some of the capital raised in the round would go toward the $18 billion OpenAI has committed to contribute to the Stargate AI infrastructure joint venture, which also includes SoftBank, according to the report.
The funding would also support OpenAI’s money-losing business operations, per the report.
OpenAI did not immediately reply to PYMNTS’ request for comment.
The Financial Times (FT) reported Thursday that SoftBank is in discussions...
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