OpenAI Officially Announces $40 Billion Latest Funding Round, Intends to Further Advance Artificial Intelligence Research
On March 31, local time, OpenAI announced that it raised $40 billion in a new round of financing led by SoftBank Group, with a post-investment valuation of $300 billion. This is one of the largest private financing in OpenAI's history. The company said it plans to use the funds to further advance AI research and expand its computing infrastructure.
The financing was led by SoftBank Group, and participants also included early investors such as Microsoft, Coatue, Altimeter and Thrive.