OpenAI Closes $40 Billion Funding Round

OpenAI logo. Photo: REUTERS/TTXVN

Magnetar Capital, a hedge fund based in Evanston, Illinois, could contribute as much as $1 billion, according to multiple sources, all of whom asked not to be identified because the information is private.

The artificial intelligence (AI) developer’s funding round would be the largest of all time, according to data compiled by research firm PitchBook. The deal is expected to value the company at $300 billion (including the amount raised), nearly double the previous valuation of $157 billion for ChatGPT maker from an October 2024 funding round.

As part of the deal, SoftBank will invest an initial $7.5 billion in the company, along with $2.5 billion from a consortium of investors. A second $30 billion investment will be made by the end of 2025, with $22.5 billion from SoftBank and $7.5 billion from the consortium.

SoftBank shares fell as much as 4.7% in Tokyo trading. Credit default swaps (CDS) for the company also rose, partly on concerns about the impact of the giant investment on the group's finances.

SoftBank declined to comment. The Japanese conglomerate has also separately committed billions of dollars to Project Stargate, a venture based in Abilene, Texas, with partners including OpenAI, Oracle and MGX.

Representatives from OpenAI, Magnetar, and Founders Fund declined to comment on the funding round. Coatue and Altimeter did not respond to requests for comment.

This funding round shows investors' enthusiasm for a company that is growing at an extraordinary rate, in tandem with the spread of AI around the world.

OpenAI expects revenue to more than triple to $12.7 billion by 2025, thanks to the power of its paid artificial intelligence software.

The San Francisco-based company generated $3.7 billion in revenue in 2024. OpenAI expects sales to continue growing rapidly, more than doubling next year to $29.4 billion.

But OpenAI also faces significant costs for the processing chips, data centers, and talent needed to develop advanced AI, and the company doesn’t expect to be cash-flow positive until 2029, which is also the year it expects revenue to surpass $125 billion.

Source: https://baotintuc.vn/the-gioi/openai-sap-hoan-tat-vong-huy-dong-von-40-ty-usd-20250328112339171.htm