OpenAI's latest funding round is expected to reach $40B, propelling the company to a towering $300B valuation. However, leading investor SoftBank (OTCPK:SFTBY) has required the non-profit ...

US-based AI company OpenAI has raised $40bn in a new funding round, propelling its valuation to a post-money total of $300bn.

A part of this funding is anticipated to be used for OpenAI’s commitment to Stargate ... s advanced generative artificial intelligence (genAI) into Lockheed Martin’s AI Factory ecosystem.

In terms of deposit growth, the company saw a 17% increase in high-yield savings account balances in 2024, with deposits now representing 60% of funding ... its proprietary GenAI platform ...

Major deals in the offing include OpenAI ... a funding round in the US summer of 2024. Monetising AI, what is the upside Morgan Stanley takes a deep dive into assessing the potential return on ...

OpenAI is finalizing a landmark $40 billion funding deal spearheaded by SoftBank Group Corp. (TYO: 9984), according to sources familiar with the negotiations, potentially creating the largest private ...

OpenAI raised $40 billion from investors in its latest funding round, the ChatGPT maker announced Monday. The deal, which ...

OpenAI raises a record-breaking $40B at a $300B valuation, led by SoftBank, to fuel AGI research, expand infrastructure, and ...