OpenAI Finalizes $40 Billion Funding Round, Valuing Company At $300 Billion With Backing From SoftBank And Microsoft

Quick Summary:

OpenAI has finalized a record-setting $40 billion funding round, boosting the company's valuation to $300 billion, with major investments from SoftBank Group (OTC:SFTBF) (OTC:SFTBY), Microsoft Corp.(NASDAQ:MSFT), and other key backers.

What Happened: This financing round is the largest in history, according to research firm PitchBook, and almost doubles OpenAI's previous valuation of $157 billion.

SoftBank led the latest funding round with an initial investment of $7.5 billion, accompanied by $2.5 billion from a group of investors, reported Bloomberg, citing ...

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Author / Journalist: Ananya Gairola

Category: Technology

Markets: United States

Topics: Stories That Matter News Artificial intelligence OpenAi US5949181045 MSFT Media JP3436100006 Consumer Tech Benzinga SFTBY Tech SFTBF

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Article Type: News Report

Published On: 2025-04-01 @ 09:55:12 (1 days ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 290 words

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News ID: 27511063

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