According to BlockBeats, OpenAI has successfully raised $40 billion in funding, bringing its post-investment valuation to $300 billion. This valuation positions OpenAI as one of the highest-valued private companies globally, second only to SpaceX at $350 billion and tied with ByteDance, the parent company of TikTok.
The funding round was led by Japan's SoftBank, contributing $30 billion, with additional support from key investors including Microsoft, Coatue, Altimeter, and Thrive. OpenAI announced plans to use the new capital to advance AI research and expand its computing infrastructure.
As reported by CNBC, approximately $18 billion of the funds will be allocated to OpenAI's commitment to the Stargate project, a joint venture with SoftBank and Oracle, announced by U.S. President Donald Trump in January this year.
Insiders revealed that the initial investment was $10 billion, with the remaining $30 billion expected by the end of 2025. However, the funding round includes a condition that could reduce the total by up to $10 billion if OpenAI does not restructure into a for-profit entity by December 31, 2025.