According to a recent Bloomberg report, OpenAI is nearing a deal for a massive $40 billion funding round led by SoftBank, making it the largest funding round in the history of artificial intelligence. This funding is expected to significantly boost OpenAI's valuation to $300 billion, nearly double its October 2023 valuation.
SoftBank will be the lead investor, planning an initial investment of $7.5 billion. Several other investment firms are also participating, including Magnetar Capital, Coatue Management, Founders Fund, and Altimeter Capital Management. These investors are currently negotiating with OpenAI, and specific details haven't been publicly disclosed. While OpenAI and some of its investors haven't commented publicly, this funding will undoubtedly provide strong financial support for OpenAI's future development.
Data from research firm PitchBook shows that if this round is successful, OpenAI's overall valuation will reach $300 billion, or approximately ¥2.18 trillion (Chinese Yuan). This valuation increase reflects the market's recognition of AI technology and investors' confidence in OpenAI's future potential. Compared to OpenAI's $157 billion valuation in October 2023, this funding round is expected to nearly double its value.
Sources reveal that the funding plan includes a subsequent $30 billion funding round. Expected to launch later this year, SoftBank plans to invest another $22.5 billion, while other investors will contribute $7.5 billion. This funding plan demonstrates SoftBank's long-term investment strategy in OpenAI and foreshadows OpenAI's further expansion in the global technology market.
OpenAI, with its innovations and breakthroughs in artificial intelligence, is gradually becoming an industry leader. With this funding underway, its future development is even more anticipated.
Key Highlights:
🌟 OpenAI is about to complete a $40 billion funding round led by SoftBank, the largest in AI history.
💰 After the funding, OpenAI's valuation will reach $300 billion, almost double its October 2023 valuation.
🚀 A subsequent $30 billion funding round is planned, with SoftBank continuing to invest heavily and further supporting OpenAI's growth.