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Sam Altman’s OpenAI to raise $40 billion for advancing AI

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OpenAI has raised $40 billion in a new funding round led by investment giant SoftBank as it looks to stave off rivals like Elon Musk’s xAI and China-based DeepSeek.
From New York Post
OpenAI said on Monday that it had completed a $40 billion fund-raising deal that nearly doubles the high-profile company’s valuation from just six months ago.
From The New York Times

Read more on News Digest

OpenAI raises $40B at $300B valuation in round led by SoftBank
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.
$300 billion valuation: Sam Altman’s OpenAI to raise $40 billion for advancing AI
OpenAI announced on Monday that it would raise up to $40 billion in a new funding round led by Japan’s SoftBank Group. The round values the artificial intelligence company at an estimated $300 billion,
OpenAI secures $40 billion funding led by SoftBank, doubling valuation to $300 billion — All you need to know
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.
OpenAI Completes Deal That Values Company at $300 Billion
The start-up’s valuation, which has nearly doubled in six months, shows continued enthusiasm for A.I. among investors.
$40B into the furnace: As OpenAI adds a million users an hour, the race for enterprise AI dominance hits a new gear
In a move that surprised the tech industry Monday, OpenAI said it has secured a monumental $40 billion funding round led by SoftBank, catapulting its valuation to an unprecedented $300 billion -- making it the largest private equity investment on record.
OpenAI to raise $40 billion in SoftBank-led new funding round
Investor enthusiasm for the artificial intelligence sector has surged significantly in recent years, driven by widespread adoption of chatbots and the emergence of sophisticated AI agents. Enterprises have integrated AI solutions to streamline their operations and enhance customer experiences,
AI and Trump 2.0 propel SoftBank CEO Masayoshi Son back into the spotlight
Leading OpenAI's record-breaking $40 billion funding round shows the tech investor's knack for seizing big opportunities.
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OpenAI Secures Record $40 Billion Funding Round Led by SoftBank
OpenAI secures record-breaking $40 billion funding round led by SoftBank, reaching a $300 billion valuation as ChatGPT grows to 500 million weekly users.
OpenAI is worth $300 bn after SoftBank deal. Why that turns the screw on Microsoft.
Microsoft will get a boost to the value of its stake in ChatGPT-maker but there are complicated negotiations to come over OpenAI’s transition to a for-profit company.
Courtroom Clash – 'No Thank You' Sparks Lawsuit as Altman Shuts Down Musk's $97.4B Bid
Could a $97.4 billion offer be dismissed with just three words? OpenAI CEO Sam Altman did just that, setting off a legal showdown that has left everyone talking. In a recent development, OpenAI’s board unanimously rejected an unsolicited takeover bid led by Elon Musk.
OpenAI secures $300bn valuation in funding round led by SoftBank
The firm has raised $40 billion, one of the largest ever funding rounds secured by a private start-up. View on euronews
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SoftBank Group eyes $1tn U.S. plan for AI robot industrial parks
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.
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OpenAI COO to spearhead global growth, partnerships in expanded role, Sam Altman says
OpenAI is partnering with SoftBank Group and Oracle to establish a network of data centers under the $500-billion Stargate project, aimed at powering artificial intelligence workloads. "Brad will lead our global deployment,
Stargate is test of SoftBank financial engineering
Stargate, the $500 billion data-centre project led by OpenAI and SoftBank Group , is named after science fiction. That’s apt given its outlandish financing plans. Without a clear guarantee from a creditworthy behemoth like Microsoft ,
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OpenAI secures record $40 billion funding led by SoftBank
OpenAI officially announced on Monday that it completed its fundraising campaign at $40 billion making it the largest private funding of a tech company. This historic round increased OpenAI’s value to $300 billion,
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