Huge OpenAI funding round hinges on shedding nonprofit status
The ChatGPT maker is raising $40 billion, but it won’t get all of that money unless it transitions into a for-profit company.
OpenAI secures $40 billion funding led by SoftBank, doubling valuation to $300 billion — All you need to know
OpenAI has secured a $40 billion funding round led by SoftBank, valuing the company at $300 billion. This marks the largest ...
OpenAI raises $40B at $300B post-money valuation
OpenAI recently announced that it closed one of the largest private funding rounds in history, led by SoftBank.
OpenAI just raised another $40 billion round led by SoftBank
OpenAI has raised $40 billion in a new investment round led by SoftBank, vaulting the company to a $300 billion valuation. It ...
SoftBank Group Agrees to Lead $40 Billion Funding for OpenAI
SoftBank Group has agreed to lead a funding of up to $40 billion in a for-profit subsidiary of OpenAI, valuing the ChatGPT ...
OpenAI funding round could be cut by $10 billion if for-profit conversion doesn't occur by year-end
The provision ramps up the pressure on OpenAI to convert into a for-profit entity, a plan that will need the blessing of ...
OpenAI to raise $40 bln in new funding to drive AI research
OpenAI said on Monday it would raise $40 billion in a new funding round led by SoftBank Group at a $300 billion valuation to ...
OpenAI finalizes a record $40-billion funding round
The AI developer's financing round is the largest of all time, according to data compiled by research firm PitchBook.
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OpenAI finalizes US$40 billion funding at US$300 billion value
OpenAI, the artificial intelligence company behind ChatGPT, said it has finalized a funding round that will bring in US$40 billion from SoftBank Group Corp. and other investors at a US$300 billion ...
OpenAI says it raised $40 billion funding, doubling its valuation to $300 billion
OpenAI, the maker of ChatGPT, has secured $40 billion in fresh funding from SoftBank Group and additional investors, valuing ...
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The Canada Fund for Local Initiatives
It also supports local civil-society organizations that may not qualify for funding from larger donors, helping them thrive and succeed. Most CFLI funding is for local civil society organizations.