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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.

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