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OpenAI finalizes $40 billion funding at $300 billion value

Fortune LogoFortune2d ago

OpenAI finalizes $40 billion funding at $300 billion value - Fortune

Quick Summary:

The AI developer’s financing round is the largest of all time, according to data compiled by research firm PitchBook.

The deal values the company at almost double its previous valuation of $157 billion when it raised money in October.

Additional investors in the group include Microsoft Corp., Coatue Management, Altimeter Capital Management and Thrive Capital.


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Article Details

Author / Journalist: Shirin Ghaffary, Bloomberg

Category: EconomyBusiness

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-01 @ 08:36:54 (2 days ago)

News Timezone: GMT +8:00

News Source URL: fortune.com

Language: English

Article Length: 428 words

Reading Time: 3 minutes read

Sentences: 4 lines

Sentence Length: 107 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Fortune

News ID: 27509344

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Official Website: fortune.com

Update Frequency: 38 posts per day

Year Established: 1929

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News Last Updated: 8 hours ago

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