While you are busy, shouting your images with the new chatgpt image generation capabilities, OpenAi is raising one more ton in cash. The company is close to finishing a new financing round of $ 40 billion directed by SoftBank, according to A Bloomberg report.
The report indicated that other funds, including the Magnetar Capital Coverage Fund, Coatue Management, Founders Fund and Altimeter Capital Management, are also in conversations with Openai to participate in the round, with Magnetar potentially placing $ 1 billion.
Bloomberg said SoftBank will initially obtain $ 7.5 billion, with an additional $ 2.5 billion from an investor union. The report added that a second stretch is expected this year, in which the Japanese conglomerate will invest another $ 22.5 billion and will syndicate $ 7.5 billion more.
Operai last raised a round of $ 6.6 billion directed by Thrive Capital in October 2024 with an assessment of $ 157 billion. Bloomberg’s latest report said the new Mega Round will lead the company to a massive valuation of $ 300 billion.