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OpenAI's $40 billion funding round, led by SoftBank, values it at $300 billion, making it the highest-valued private company globally.
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The Japanese investment firm is entwining its fortunes with a company that expects to lose billions of dollars for years to come, in the hope that it will emerge as the leader in the AI race.
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.
OpenAI said on Monday it would raise up to $40 billion in a new funding round led by SoftBank Group at a $300 billion valuation to advance AI research, expand computational infrastructure and enhance its tools.
OpenAI has secured a $40 billion funding round led by SoftBank, valuing the company at $300 billion. This marks the largest financing round ever, nearly doubling its previous valuation.
SoftBank Group Corp. plans to create industrial parks for artificial intelligence across the US and is considering an investment of more than $1 trillion, Nikkei reported.
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.
SoftBank Group Corp. announced late Wednesday it is acquiring semiconductor designer Ampere Computing in a $6.5 billion deal that will expand its investments in AI infrastructure.
The Japanese tech investor could commit to about $1 trillion in such investments, significantly more than the $500 billion AI infrastructure investment that billionaire CEO Masayoshi Son announced at the White House in January with OpenAI CEO Sam Altman and Oracle's Larry Ellison.
SoftBank Group announced on Wednesday that it will acquire Ampere Computing, a chip designer founded by former Intel executive Renee James, through a $6.5
SINGAPORE: Japanese tech investment firm SoftBank Group is planning to invest US$1 trillion (S$1.34 trillion) to create industrial parks with artificial intelli
O SoftBank Group planeja criar parques industriais voltados à inteligência artificial nos Estados Unidos e considera um investimento superior a US$ 1 trilhão, informou o Nikkei.
In the history of startup funding, SoftBank’s announcement that it is backing an investment of up to $40 billion in OpenAI is in a league of its own. No other financing even comes close.