Particle.news
Download on the App Store
24 ARTICLES
·
3w ago

OpenAI Secures Record $40 Billion in Funding, Valued at $300 Billion

The funding, led by SoftBank, hinges on OpenAI's transition to a for-profit structure by the end of 2025, with $18 billion allocated to its Stargate AI data center project.

OpenAI CEO Sam Altman attends a talk session with SoftBank group Chairman and CEO Masayoshi Son in Tokyo on February 3, 2025.
Image

Overview

  • OpenAI has finalized a $40 billion funding round, led by SoftBank, making it the largest private tech investment in history and valuing the company at $300 billion.
  • The full funding amount is contingent on OpenAI completing its transition to a for-profit structure by the end of 2025, with SoftBank's contribution potentially reduced if the restructuring fails.
  • The company plans to allocate $18 billion of the funding to the Stargate project, a $500 billion initiative to build AI data centers in the U.S. over the next four years.
  • ChatGPT's weekly user base has surged to 500 million, reflecting OpenAI's rapid growth and increasing demand for generative AI tools.
  • OpenAI projects its revenue to triple to $12.7 billion in 2025, despite ongoing legal challenges, including a lawsuit from co-founder Elon Musk over its restructuring plans.