OpenAI is reportedly seeking to secure up to $40 billion in a new funding round, which would significantly increase its valuation to $340 billion. With SoftBank potentially leading the round by investing between $15 billion and $25 billion, the capital raised would be crucial for OpenAI to support its ongoing money-losing operations and contribute to the Stargate project—an ambition to build AI data centers across the U.S. Despite being valued at $157 billion in October, OpenAI faces substantial losses compared to its revenues.
In 2024, OpenAI reportedly lost around $5 billion against revenues of $3.7 billion, indicating a challenging financial situation amidst ambitious projects.
OpenAI is gearing up to secure up to $40 billion in funding, potentially valuing the startup at $340 billion through support from SoftBank.
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