Web Analytics
Coin Edition
2025-04-01 16:15:00

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. https://twitter.com/Tyler_Did_It/status/1906850254269698280 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 .

Get Crypto Newsletter
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.