
OpenAI says it raised $40 bn at valuation of $300 bn
San Francisco (AFP) April 1, 2025
OpenAI on Monday said it raised $40 billion in a new funding round that valued the ChatGPT maker at $300 billion, the biggest capital-raising session ever for a startup. The infusion of cash comes in a partnership with Japanese investment giant SoftBank Group and "enables us to push the frontiers of AI research even further," the San Francisco-based company said in a post on its website.