OpenAI closed its latest round of funding where it managed to raise $40 billion from investors, pushing its market cap to $300 billion.
Sam Altman’s OpenAI has raised $40 billion in a funding round led by investment giant SoftBank as it looks to stave off competition like Elon Musk’s xAI and China-based DeepSeek.
Leading OpenAI's record-breaking $40 billion funding round shows the tech investor's knack for seizing big opportunities.
This is one of the ways the Japan-based investment firm is exploring to finance its $500-billion AI infrastructure project in the United States.
Hours after it pumped in part of the $40Bn fundraise for OpenAI, SoftBank Group is now reportedly in talks to secure a loan of up to $16.5 billion to support its growing investments in AI across the US. If finalized, this would be the largest US dollar-denominated loan in the history of the Japanese conglomerate, reports Bloomberg.
OpenAI (OPAI.PVT) secured an additional $40 billion in funding, bringing its valuation to $300 billion. Catalysts host Madison Mills highlights how SoftBank (9984.T) is leading the funding and seeking a $16.
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ITWeb on MSNSoftBank leads $40bn investment in OpenAIThe Japanese investment firm enters an agreement with OpenAI and its affiliates to make follow-on investments of up to $40 billion.
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Arm’s Japanese owner, SoftBank, is set to acquire Ampere - Arm's only independent server chip vendor - for $6.5 billion (approximately ¥973.0 billion). It’s a big move, and one that could see Arm shift from simply licensing chip designs to manufacturing its own silicon.