OpenAI in talks for massive funding round at $340 billion valuation

Odaily Planet Daily News The Wall Street Journal, citing unnamed people familiar with the matter, reported that OpenAI is in early talks for a massive round of financing that values ​​the company at $340 billion, more than double what it was in October last year. The ChatGPT maker is discussing up to $40 billion in this round of financing. Earlier reports said SoftBank Group was considering investing $15 billion to $25 billion in OpenAI. OpenAI and other top AI companies have pledged to invest billions of dollars in data, talent and physical infrastructure to support the development of more advanced AI systems. In recent days, Chinese AI company DeepSeek released a competitive model, calling this spending spree into question. (Jinshi)