OpenAI Secures $40 Billion at Staggering $300 Billion Valuation
Summary
OpenAI secures a staggering $40 billion funding at $300 billion valuation led by SoftBank, Microsoft, Coatue, Altimeter, and Thrive, with $18 billion earmarked for Stargate AI data center infrastructure across the U.S.
Key Points
- OpenAI raises $40 billion at $300 billion post-money valuation
- SoftBank leads the funding round, with participation from Microsoft, Coatue, Altimeter, and Thrive
- $18 billion of the funding will go towards OpenAI's Stargate infrastructure project to establish AI data centers across the U.S.