OpenAI aims to raise capital from new and existing investors, reinstating a $40 billion fundraising round announced in March. The current valuation stands at $300 billion, making the company one of the most valued private startups globally. SoftBank leads the round, committing $30 billion, conditional on restructuring by year-end. OpenAI has raised $63.92 billion since its inception in 2015, attracting notable investors including Microsoft and various venture capital firms. Complications have arisen in OpenAI's partnerships, notably with SoftBank, regarding an AI data center project worth $500 billion.
The fundraising effort is part of a $40 billion round announced in March, with plans to reopen on July 28, focusing on raising the final $30 billion.
OpenAI's valuation has reached $300 billion, making it one of the most highly valued private startups in history, led by a commitment from SoftBank.
OpenAI has raised a total of $63.92 billion since its founding in 2015, with backers including Microsoft, Andreessen Horowitz, and many leading venture capitalists.
OpenAI is involved in a partnership with SoftBank for a four-year AI data center project, projected to involve upwards of $500 billion in investments.
Collection
[
|
...
]