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OpenAI will reportedly close its SoftBank-led $40 billion round soon | TechCrunch

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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.

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67

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66

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7

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formal

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English

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51

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short-lived

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1

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