This is a OpenAI news story, published by TechCrunch, that relates primarily to SoftBank news.
For more OpenAI news, you can click here:
more OpenAI newsFor more banking & finance news, you can click here:
more banking & finance newsFor more news from TechCrunch, you can click here:
more news from TechCrunchOtherweb, Inc is a public benefit corporation, dedicated to improving the quality of news people consume. We are non-partisan, junk-free, and ad-free. We use artificial intelligence (AI) to remove junk from your news feed, and allow you to select the best business news, entertainment news, world news, and much more. If you like banking & finance news, you might also like this article about
funding round. We are dedicated to bringing you the highest-quality news, junk-free and ad-free, about your favorite topics. Please come every day to read the latest OpenAI news, Founders Fund news, banking & finance news, and other high-quality news about any topic that interests you. We are working hard to create the best news aggregator on the web, and to put you in control of your news feed - whether you choose to read the latest news through our website, our news app, or our daily newsletter - all free!
hedge fund Magnetar CapitalTechCrunch
•Business
Business & Economics
71% Informative
SoftBank is close to finalizing a new $40 billion funding round led by SoftBank .
Other funds, including Magnetar Capital , Coatue Management , Founders Fund, and Altimeter Capital Management , are also in discussions with OpenAI to participate in the round.
SoftBank will initially put in $7.5 billion , with an additional $2.5 .
The new mega round will take the company to a massive $300 billion valuation.
VR Score
67
Informative language
66
Neutral language
7
Article tone
formal
Language
English
Language complexity
51
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
1
Source diversity
1
Affiliate links
no affiliate links
Small business owner?