Express

OpenAI in Talks for $40 Billion Funding Round at $340 Billion Valuation: WSJ

Mary Liu

Summary: According to the Wall Street Journal, OpenAI, the creator of ChatGPT, is negotiating a new round of financing of up to $40 billion. The valuation of the ChatGPT maker will reach $340 billion. The Wall Street Journal reported that SoftBank will lead OpenAI's current round of financing and plans to invest $15 billion to $25 billion. ...

According to the Wall Street Journal, OpenAI, the creator of ChatGPT, is negotiating a new round of financing of up to $40 billion. The valuation of the ChatGPT maker will reach $340 billion.

The Wall Street Journal reported that SoftBank will lead OpenAI's current round of financing and plans to invest $15 billion to $25 billion. Part of the funds will be used to support OpenAI's commitment to the "Stargate" AI infrastructure project.

Last Update:

Tags: ,,,
Link: OpenAI in Talks for $40 Billion Funding Round at $340 Billion Valuation: WSJ   [Copy]
  • Bitcoin Weekly Analysis: Is a Bear Market on the Horizon? 6 hours ago
  • AI Fraud Is Breaking the Internet’s Trust Economy. Can Compliance Tech Keep Up? 3 days ago
  • Can a $300M RWA Fund Save Avalanche's TVL? 4 days ago
  • Trump Adviser's "Whale Debut" with $680M Bitcoin Bet Faces Early Losses 5 days ago
  • S&P 500 Enters Key Turning Point Window; A Cautious "Wait-and-See" Approach is Adv... 7 days ago
  • You need to login to comment.