OpenAI Secures $40B Funding from SoftBank
OpenAI has just snagged a whopping $40 billion in a new funding round, with SoftBank leading the charge. This massive injection of cash has bumped the company's valuation up to a staggering $300 billion, making it the biggest funding round ever for a private tech company, according to CNBC.
Here's how it breaks down: SoftBank is throwing in $7.5 billion, and another $2.5 billion is coming from a group of investors, as Bloomberg reported. But there's a catch—the remaining $30 billion won't hit the bank until the end of the year, and only if OpenAI officially becomes a for-profit company by then. If that doesn't happen, they could lose a quarter of the deal, CNBC noted.
This funding news comes hot on the heels of OpenAI's announcement about Stargate, a $500 billion project backed by SoftBank, Oracle, and the Abu Dhabi fund MGX. They're planning to build huge AI datacenters over the next four years. The company's been on a roll lately. Just this Monday, CEO Sam Altman shared that OpenAI added a million users in just one hour, thanks to a new feature called Images in ChatGPT. This feature went viral because it can create AI art inspired by Studio Ghibli. And on Wednesday, Altman announced they're working on a new open-weight language model with reasoning capabilities, set to be released soon. The funding announcement also mentioned that ChatGPT now serves 500 million people every week.
Related
- Sam Altman’s Stargate is science fiction
- OpenAI reshuffles Sam Altman’s job once again
Despite the incredible growth driven by ChatGPT, OpenAI is still burning through cash like there's no tomorrow. Bloomberg reported that the company is expecting to rake in $12.7 billion this year, a huge leap from last year's $3.7 billion in annualized recurring revenue. But, they're not expecting to be cash flow positive until 2029, when they project to hit $125 billion in revenue.
OpenAI's funding announcement stressed their mission to build "AGI that benefits all of humanity." Altman has been upfront about what it'll take to make this happen—massive amounts of computing power, energy, global infrastructure, and, of course, a ton of money. This latest round of funding, they say, brings them one step closer to that goal.
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Comments (21)
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![BrianLewis]()
BrianLewis
July 23, 2025 at 12:59:29 AM EDT
Wow, $40B from SoftBank? OpenAI’s valuation hitting $300B is wild! 🚀 This kind of cash could supercharge AI development, but I’m curious—will it go to groundbreaking research or just fancier offices? 😄
0
![GeorgeTaylor]()
GeorgeTaylor
April 24, 2025 at 1:36:11 AM EDT
OpenAI conseguir 40 bilhões de dólares da SoftBank é surreal! É uma quantia de dinheiro insana. Fico curioso para saber o que eles estão planejando. Espero que usem bem! 🤔
0
![BillyWilson]()
BillyWilson
April 21, 2025 at 12:40:22 PM EDT
오픈AI가 소프트뱅크에서 400억 달러를 조달했다고? 정말 미쳤어! 지금 평가액이 3000억 달러야. AI가 미래인 건 알겠는데, 이렇게 많은 돈이 오가는 게 좀 무섭네. 현명하게 써주길! 🚀
0
![CharlesLee]()
CharlesLee
April 21, 2025 at 4:01:31 AM EDT
OpenAI conseguiu US$ 40 bilhões da SoftBank? Isso é loucura! A avaliação deles agora é de US$ 300 bilhões. Acho que a IA é o futuro, mas é um pouco assustador ver tanto dinheiro sendo investido. Espero que usem bem! 🚀
0
![WalterGonzález]()
WalterGonzález
April 21, 2025 at 1:09:29 AM EDT
OpenAI getting $40B from SoftBank is just wild! That's a crazy amount of money. Makes you wonder what they're planning next. Hope they use it wisely! 🤔
0
![GaryWalker]()
GaryWalker
April 20, 2025 at 8:19:34 PM EDT
OpenAIがSoftBankから400億ドルも資金を集めたなんて信じられない！あれだけの金額で何を計画しているのか気になりますね。賢く使ってほしいです！😅
0
OpenAI has just snagged a whopping $40 billion in a new funding round, with SoftBank leading the charge. This massive injection of cash has bumped the company's valuation up to a staggering $300 billion, making it the biggest funding round ever for a private tech company, according to CNBC.
Here's how it breaks down: SoftBank is throwing in $7.5 billion, and another $2.5 billion is coming from a group of investors, as Bloomberg reported. But there's a catch—the remaining $30 billion won't hit the bank until the end of the year, and only if OpenAI officially becomes a for-profit company by then. If that doesn't happen, they could lose a quarter of the deal, CNBC noted.
This funding news comes hot on the heels of OpenAI's announcement about Stargate, a $500 billion project backed by SoftBank, Oracle, and the Abu Dhabi fund MGX. They're planning to build huge AI datacenters over the next four years. The company's been on a roll lately. Just this Monday, CEO Sam Altman shared that OpenAI added a million users in just one hour, thanks to a new feature called Images in ChatGPT. This feature went viral because it can create AI art inspired by Studio Ghibli. And on Wednesday, Altman announced they're working on a new open-weight language model with reasoning capabilities, set to be released soon. The funding announcement also mentioned that ChatGPT now serves 500 million people every week.
Related
- Sam Altman’s Stargate is science fiction
- OpenAI reshuffles Sam Altman’s job once again
Despite the incredible growth driven by ChatGPT, OpenAI is still burning through cash like there's no tomorrow. Bloomberg reported that the company is expecting to rake in $12.7 billion this year, a huge leap from last year's $3.7 billion in annualized recurring revenue. But, they're not expecting to be cash flow positive until 2029, when they project to hit $125 billion in revenue.
OpenAI's funding announcement stressed their mission to build "AGI that benefits all of humanity." Altman has been upfront about what it'll take to make this happen—massive amounts of computing power, energy, global infrastructure, and, of course, a ton of money. This latest round of funding, they say, brings them one step closer to that goal.
Nonprofit leverages AI agents to boost charity fundraising efforts
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July 23, 2025 at 12:59:29 AM EDT
Wow, $40B from SoftBank? OpenAI’s valuation hitting $300B is wild! 🚀 This kind of cash could supercharge AI development, but I’m curious—will it go to groundbreaking research or just fancier offices? 😄
0
April 24, 2025 at 1:36:11 AM EDT
OpenAI conseguir 40 bilhões de dólares da SoftBank é surreal! É uma quantia de dinheiro insana. Fico curioso para saber o que eles estão planejando. Espero que usem bem! 🤔
0
April 21, 2025 at 12:40:22 PM EDT
오픈AI가 소프트뱅크에서 400억 달러를 조달했다고? 정말 미쳤어! 지금 평가액이 3000억 달러야. AI가 미래인 건 알겠는데, 이렇게 많은 돈이 오가는 게 좀 무섭네. 현명하게 써주길! 🚀
0
April 21, 2025 at 4:01:31 AM EDT
OpenAI conseguiu US$ 40 bilhões da SoftBank? Isso é loucura! A avaliação deles agora é de US$ 300 bilhões. Acho que a IA é o futuro, mas é um pouco assustador ver tanto dinheiro sendo investido. Espero que usem bem! 🚀
0
April 21, 2025 at 1:09:29 AM EDT
OpenAI getting $40B from SoftBank is just wild! That's a crazy amount of money. Makes you wonder what they're planning next. Hope they use it wisely! 🤔
0
April 20, 2025 at 8:19:34 PM EDT
OpenAIがSoftBankから400億ドルも資金を集めたなんて信じられない！あれだけの金額で何を計画しているのか気になりますね。賢く使ってほしいです！😅
0
