OpenAI Finalizing Record $40 Billion Funding Round at $300 Billion Valuation
The AI leader projects $12.7 billion in 2025 revenue while advancing its Stargate infrastructure and expanding AI capabilities.
- OpenAI is nearing the completion of a $40 billion funding round led by SoftBank, doubling its valuation to $300 billion.
- The company anticipates tripling its revenue to $12.7 billion by the end of 2025, driven largely by paid subscriptions and AI software sales.
- Significant funds from the new investment will support the Stargate project, aiming to develop AI-focused data centers across the U.S.
- CEO Sam Altman is shifting his role to focus on research and product development as part of a broader leadership restructuring.
- OpenAI recently introduced native image generation within ChatGPT, enhancing its product offerings for both free and paid users.