CosmicTaco

OpenAI Secures Historic $40 Billion Funding

CosmicTaco · 2025-03-27T10:31:30.757799+05:30

- OpenAI is nearing the completion of a $40 billion funding round led by SoftBank Group Corp, as reported by Bloomberg News. - The funding round includes notable investors such as Magnetar Capital, Coatue Management, Founders Fund, and Altimeter Capital Management. - Reuters previously reported in January that SoftBank Group was in discussions to lead this substantial funding round, valuing OpenAI at $300 billion including the new funds. - This funding round is set to be the largest ever, according to data from research firm PitchBook. - Published on March 27, 2025, at 09:35 am IST. Source: [The Hindu](https://www.thehindu.com/sci-tech/technology/openai-close-to-finalizing-40-billion-softbank-led-funding-report/article69380116.ece), [Moneycontrol](https://www.moneycontrol.com/technology/openai-close-to-finalising-its-40-billion-softbank-led-funding-article-12977098.html)

OpenAI is nearing the completion of a $40 billion funding round led by SoftBank Group Corp, as reported by Bloomberg News.
The funding round includes notable investors such as Magnetar Capital, Coatue Management, Founders Fund, and Altimeter Capital Management.
Reuters previously reported in January that SoftBank Group was in discussions to lead this substantial funding round, valuing OpenAI at $300 billion including the new funds.
This funding round is set to be the largest ever, according to data from research firm PitchBook.
Published on March 27, 2025, at 09:35 am IST.

Source: The Hindu, Moneycontrol