close_game
close_game

OpenAI finalises $40 billion funding from Masayoshi Son's SoftBank, valuation almost doubles to $300 billion

Apr 01, 2025 10:49 AM IST

SoftBank which is leading the deal will initially be investing $7.5 billion in the company along with $2.5 billion from an investor syndicate.

OpenAI has finalised a $40 billion funding round from Masayoshi Son's SoftBank Group Corp and other investors to develop new tools and eventually pave the way towards Artificial General Intelligence (AGI).

OpenAI CEO Sam Altman attends a talk session with SoftBank group Chairman and CEO Masayoshi Son in Tokyo on February 3, 2025.(Yuichi Yamazaki/AFP)
OpenAI CEO Sam Altman attends a talk session with SoftBank group Chairman and CEO Masayoshi Son in Tokyo on February 3, 2025.(Yuichi Yamazaki/AFP)

The funding round valued OpenAI at $300 billion post-money, the Artificial Intelligence (AI) giant announced in a statement on Monday, March 31, 2025.

Also Read: Ashley St Clair blasts Elon Musk’s $2.5 million claim: ‘Grow up, you petulant man-child’

This financing round is the largest of all time for the company and almost doubles the company's worth compared to its previous valuation of $157 billion when it raised money in October.

‘Push frotiers of AI research’

It is for OpenAI to “push the frontiers of AI research even further, scale our compute infrastructure, and deliver increasingly powerful tools for the 500 million people who use ChatGPT every week,” the company said.

SoftBank which is leading the deal will initially be investing $7.5 billion in the company along with $2.5 billion from an investor syndicate, according to a Bloomberg report.

Also Read: Gold hits record high of over $3,100 as Trump tariffs boost safe-haven asset demand

The other investors include Microsoft Corp., Coatue Management, Altimeter Capital Management, and Thrive Capital.

The report which added that there will also be a second tranche of $30 billion invested by the end of 2025, including $22.5 billion from SoftBank and $7.5 billion from a syndicate.

“We’re excited to be working in partnership with SoftBank Group,” OpenAI wrote in its statement. “Few companies understand how to scale transformative technology like they do.”

Also Read: Apple gets fined €150 million in France over iOS data tracking consent

It added that “their (SoftBank's) support will help us continue building AI systems that drive scientific discovery, enable personalized education, enhance human creativity, and pave the way toward AGI that benefits all of humanity.”

Stay updated with the latest Business News on Petrol Price, Gold Rate, Income Tax Calculator along with Silver Rates, Diesel Prices and Stock Market Live Updates on Hindustan Times.
SHARE THIS ARTICLE ON
SHARE
Story Saved
Live Score
Saved Articles
Following
My Reads
Sign out
New Delhi 0C
Thursday, May 08, 2025
Follow Us On