OpenAI Secures $40B From SoftBank, Becoming One of the World’s Most Valuable Private Tech Firms: Can They Stay Ahead in the Fiercely Competitive AI Race?
OpenAI raised $40 billion in a record funding round led by SoftBank, boosting its valuation to $300 billion. The investment comes as the company plans an open-weight AI model release and faces pressure to restructure into a for-profit entity.
