OpenAI is in talks with investors including SoftBank to raise about $40bn in a massive new funding round, which would push the ChatGPT-maker’s valuation to $300bn.
SoftBank is set to invest between $15bn and $25bn into OpenAI, the Financial Times reported on Wednesday. That investment will be the centrepiece of a wider funding round which could lead to the artificial intelligence company raising as much as $40bn, said two people with knowledge of the negotiations.
OpenAI’s valuation is expected to jump to $300bn, including the new investment, said two people with knowledge of the talks. A figure has not been finalised for the deal, they added.
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