OpenAI's $40 billion funding round has elevated its valuation to $300 billion, making it one of the world's most valuable private companies.
This exclusive club includes Elon Musk's SpaceX, China's ByteDance, and payment processor Stripe.
OpenAI is
set to raise up to $40 billion in a landmark funding round led by SoftBank
Group, valuing the artificial intelligence company behind ChatGPT at $300
billion, nearly doubling its previous valuation.
OpenAI Secures $40 Billion
Investment Led by SoftBank at $300 Billion Valuation
The
Japanese investment giant has committed to providing $10 billion in mid-April,
with an additional $30 billion planned for December. The December investment is
contingent upon OpenAI successfully transitioning to a for-profit structure by
year-end.
Gil Luria of D.A. Davidson & Co.
“OpenAI
has very ambitious plans on many fronts and needs a lot of capital to achieve
these goals,” industry analyst Gil Luria of D.A. Davidson & Co. commented for Reuters.
SoftBank
intends to syndicate $10 billion of its total investment to other investors.
The remaining funding is expected to come from existing backers including
Microsoft, Coatue Management, Altimeter Capital, and Thrive Capital.
If OpenAI fails to complete
its planned restructuring, SoftBank's total investment will be reduced to $20
billion.
Expanding AI Capabilities
The San
Francisco-based AI developer plans to use the massive capital infusion to
advance its research initiatives, expand computational infrastructure, and
enhance its suite of AI tools. OpenAI highlighted its goal to deliver
increasingly powerful capabilities to the 500 million people who currently use
ChatGPT on a weekly basis.
The funding
comes amid surging investor enthusiasm for artificial intelligence
technologies, driven by the widespread adoption of chatbots and the emergence of
sophisticated AI agents across industries. Enterprises have increasingly
integrated AI solutions to streamline operations and improve customer
experiences.
As part of
its growth strategy, OpenAI announced plans to establish a public benefit
corporation structure. This new framework aims to attract additional investment
while balancing shareholder interests with broader public benefits.
The company
is also partnering with SoftBank and Oracle on the ambitious $500 billion
Stargate project, which will establish a network of data centers designed to
power AI workloads across the United States.
Valuation Milestone
The new
funding round, which follows a $6.6 billion raise in October that valued OpenAI
at $157 billion, propels the AI developer into the ranks of the world's most
valuable private companies. This exclusive club includes Elon Musk's SpaceX,
China's ByteDance, and payment processor Stripe.
SoftBank
plans to finance its initial $10 billion investment through borrowings from
Mizuho Bank and other financial institutions, with legal advice provided by
Morrison Foerster.
Musk's Failed OpenAI
Takeover Bid
In
February, Elon Musk led
an ambitious $97.4 billion takeover attempt of OpenAI. Altman promptly
rejected the unsolicited offer, responding with a cheeky counter-proposal to
purchase Musk's X platform for $9.74 billion instead.
The
rejection underscores the intensifying conflict between the two tech titans.
Musk, who co-founded OpenAI in 2015 but departed following governance
disagreements, has repeatedly criticized the organization for abandoning its
original nonprofit mission. Meanwhile, Altman maintains that transitioning to a
for-profit structure is essential for securing the massive capital needed to
advance AI research and development.
Shortly
after his OpenAI acquisition attempt failed, Musk's
AI company xAI unveiled Grok-3, a significant upgrade to its chatbot platform.
The new model, which xAI claims was trained with ten times more computing power
than its predecessor, features enhanced reasoning capabilities and a new
“DeepSearch” function designed to compete directly with ChatGPT.
According to xAI, Grok-3 outperforms rival models in mathematical reasoning and
complex problem-solving benchmarks.
OpenAI is
set to raise up to $40 billion in a landmark funding round led by SoftBank
Group, valuing the artificial intelligence company behind ChatGPT at $300
billion, nearly doubling its previous valuation.
OpenAI Secures $40 Billion
Investment Led by SoftBank at $300 Billion Valuation
The
Japanese investment giant has committed to providing $10 billion in mid-April,
with an additional $30 billion planned for December. The December investment is
contingent upon OpenAI successfully transitioning to a for-profit structure by
year-end.
Gil Luria of D.A. Davidson & Co.
“OpenAI
has very ambitious plans on many fronts and needs a lot of capital to achieve
these goals,” industry analyst Gil Luria of D.A. Davidson & Co. commented for Reuters.
SoftBank
intends to syndicate $10 billion of its total investment to other investors.
The remaining funding is expected to come from existing backers including
Microsoft, Coatue Management, Altimeter Capital, and Thrive Capital.
If OpenAI fails to complete
its planned restructuring, SoftBank's total investment will be reduced to $20
billion.
Expanding AI Capabilities
The San
Francisco-based AI developer plans to use the massive capital infusion to
advance its research initiatives, expand computational infrastructure, and
enhance its suite of AI tools. OpenAI highlighted its goal to deliver
increasingly powerful capabilities to the 500 million people who currently use
ChatGPT on a weekly basis.
The funding
comes amid surging investor enthusiasm for artificial intelligence
technologies, driven by the widespread adoption of chatbots and the emergence of
sophisticated AI agents across industries. Enterprises have increasingly
integrated AI solutions to streamline operations and improve customer
experiences.
As part of
its growth strategy, OpenAI announced plans to establish a public benefit
corporation structure. This new framework aims to attract additional investment
while balancing shareholder interests with broader public benefits.
The company
is also partnering with SoftBank and Oracle on the ambitious $500 billion
Stargate project, which will establish a network of data centers designed to
power AI workloads across the United States.
Valuation Milestone
The new
funding round, which follows a $6.6 billion raise in October that valued OpenAI
at $157 billion, propels the AI developer into the ranks of the world's most
valuable private companies. This exclusive club includes Elon Musk's SpaceX,
China's ByteDance, and payment processor Stripe.
SoftBank
plans to finance its initial $10 billion investment through borrowings from
Mizuho Bank and other financial institutions, with legal advice provided by
Morrison Foerster.
Musk's Failed OpenAI
Takeover Bid
In
February, Elon Musk led
an ambitious $97.4 billion takeover attempt of OpenAI. Altman promptly
rejected the unsolicited offer, responding with a cheeky counter-proposal to
purchase Musk's X platform for $9.74 billion instead.
The
rejection underscores the intensifying conflict between the two tech titans.
Musk, who co-founded OpenAI in 2015 but departed following governance
disagreements, has repeatedly criticized the organization for abandoning its
original nonprofit mission. Meanwhile, Altman maintains that transitioning to a
for-profit structure is essential for securing the massive capital needed to
advance AI research and development.
Shortly
after his OpenAI acquisition attempt failed, Musk's
AI company xAI unveiled Grok-3, a significant upgrade to its chatbot platform.
The new model, which xAI claims was trained with ten times more computing power
than its predecessor, features enhanced reasoning capabilities and a new
“DeepSearch” function designed to compete directly with ChatGPT.
According to xAI, Grok-3 outperforms rival models in mathematical reasoning and
complex problem-solving benchmarks.
Damian's adventure with financial markets began at the Cracow University of Economics, where he obtained his MA in finance and accounting. Starting from the retail trader perspective, he collaborated with brokerage houses and financial portals in Poland as an independent editor and content manager. His adventure with Finance Magnates began in 2016, where he is working as a business intelligence analyst.
Papaya Global Considers Sale with Valuation Up to $4.5 Billion Amid B2B Growth
Exness CMO Alfonso Cardalda on Cape Town office launch, Africa growth, and marketing strategy
Exness CMO Alfonso Cardalda on Cape Town office launch, Africa growth, and marketing strategy
Exness is expanding its presence in Africa, and in this exclusive interview, CMO Alfonso Cardalda shares how.
Filmed during the grand opening of Exness’s new Cape Town office, Alfonso sits down with Andrea Badiola Mateos from Finance Magnates to discuss:
- Exness’s marketing approach in South Africa
- What makes their trading product stand out
- Customer retention vs. acquisition strategies
- The role of local influencers
- Managing growth across emerging markets
👉 Watch the full interview for fundamental insights into the future of trading in Africa.
#Exness #Forex #Trading #SouthAfrica #CapeTown #Finance #FinanceMagnates
Exness is expanding its presence in Africa, and in this exclusive interview, CMO Alfonso Cardalda shares how.
Filmed during the grand opening of Exness’s new Cape Town office, Alfonso sits down with Andrea Badiola Mateos from Finance Magnates to discuss:
- Exness’s marketing approach in South Africa
- What makes their trading product stand out
- Customer retention vs. acquisition strategies
- The role of local influencers
- Managing growth across emerging markets
👉 Watch the full interview for fundamental insights into the future of trading in Africa.
#Exness #Forex #Trading #SouthAfrica #CapeTown #Finance #FinanceMagnates
How does the Finance Magnates newsroom handle sensitive updates that may affect a brand?
How does the Finance Magnates newsroom handle sensitive updates that may affect a brand?
Yam Yehoshua, Editor-in-Chief at Finance Magnates, explains the approach: reaching out before publication, hearing all sides, and making careful, case-by-case decisions with balance and responsibility.
⚖ Balanced reporting
📞 Right of response
📰 Responsible journalism
#FinanceMagnates #FinancialJournalism #ResponsibleReporting #FinanceNews #EditorialStandards
Yam Yehoshua, Editor-in-Chief at Finance Magnates, explains the approach: reaching out before publication, hearing all sides, and making careful, case-by-case decisions with balance and responsibility.
⚖ Balanced reporting
📞 Right of response
📰 Responsible journalism
#FinanceMagnates #FinancialJournalism #ResponsibleReporting #FinanceNews #EditorialStandards
Executive Interview | Kieran Duff | Head of UK Growth & Business Development, Darwinex | FMLS:25
Executive Interview | Kieran Duff | Head of UK Growth & Business Development, Darwinex | FMLS:25
Here is our conversation with Kieran Duff, who brings a rare dual view of the market as both a broker and a trader at Darwinex.
We begin with his take on the Summit and then turn to broker growth. Kieran shares one quick, practical tip brokers can use right now to improve performance. We also cover the rising spotlight on prop trading and whether it is good or bad for the trading industry.
Kieran explains where Darwinex sits on the CFDs-broker-meets-funding spectrum, and how the model differs from the typical setups seen across the market.
We finish with a look at how he uses AI in his daily workflow — both inside the brokerage and in his own trading.
Here is our conversation with Kieran Duff, who brings a rare dual view of the market as both a broker and a trader at Darwinex.
We begin with his take on the Summit and then turn to broker growth. Kieran shares one quick, practical tip brokers can use right now to improve performance. We also cover the rising spotlight on prop trading and whether it is good or bad for the trading industry.
Kieran explains where Darwinex sits on the CFDs-broker-meets-funding spectrum, and how the model differs from the typical setups seen across the market.
We finish with a look at how he uses AI in his daily workflow — both inside the brokerage and in his own trading.
Why does trust matter in financial news? #TrustedNews #FinanceNews #CapitalMarkets
Why does trust matter in financial news? #TrustedNews #FinanceNews #CapitalMarkets
According to Yam Yehoshua, Editor-in-Chief at Finance Magnates, in a world flooded with information, the difference lies in rigorous cross-checking, human scrutiny, and a commitment to publishing only factual, trustworthy reporting.
📰 Verified reporting
🔎 Human-led scrutiny
✅ Facts over noise
According to Yam Yehoshua, Editor-in-Chief at Finance Magnates, in a world flooded with information, the difference lies in rigorous cross-checking, human scrutiny, and a commitment to publishing only factual, trustworthy reporting.
📰 Verified reporting
🔎 Human-led scrutiny
✅ Facts over noise
In this video, we take an in-depth look at @Exness , a global multi-asset broker operating since 2008, known for fast withdrawals, flexible account types, and strong regulatory coverage across multiple regions.
We break down Exness’s regulatory framework, supported trading platforms including MetaTrader 4, MetaTrader 5, Exness Terminal, and the Exness Trade App, as well as available account types such as Standard, Pro, Zero, and Raw Spread.
You’ll also learn about Exness’s leverage options, fees and commissions, swap-free trading, available instruments across forex, commodities, indices, stocks, and cryptocurrencies, and what traders can expect in terms of execution, funding speed, and customer support.
Watch the full review to see whether Exness aligns with your trading goals and strategy.
👉 Explore Exness’s full broker listing on the Finance Magnates Directory:
https://directory.financemagnates.com/multi-asset-brokers/exness/
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
🔗 LinkedIn: /financemagnates
👍 Facebook: /financemagnates
📸 Instagram: https://www.instagram.com/financemagnates
🐦 X: https://x.com/financemagnates
🎥 TikTok: https://www.tiktok.com/tag/financemagnates
▶️ YouTube: /@financemagnates_official
#Exness #ExnessReview #Forex #FinanceMagnates #ForexBroker #BrokerReview #CFDTrading #OnlineTrading #MarketInsights
In this video, we take an in-depth look at @Exness , a global multi-asset broker operating since 2008, known for fast withdrawals, flexible account types, and strong regulatory coverage across multiple regions.
We break down Exness’s regulatory framework, supported trading platforms including MetaTrader 4, MetaTrader 5, Exness Terminal, and the Exness Trade App, as well as available account types such as Standard, Pro, Zero, and Raw Spread.
You’ll also learn about Exness’s leverage options, fees and commissions, swap-free trading, available instruments across forex, commodities, indices, stocks, and cryptocurrencies, and what traders can expect in terms of execution, funding speed, and customer support.
Watch the full review to see whether Exness aligns with your trading goals and strategy.
👉 Explore Exness’s full broker listing on the Finance Magnates Directory:
https://directory.financemagnates.com/multi-asset-brokers/exness/
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
🔗 LinkedIn: /financemagnates
👍 Facebook: /financemagnates
📸 Instagram: https://www.instagram.com/financemagnates
🐦 X: https://x.com/financemagnates
🎥 TikTok: https://www.tiktok.com/tag/financemagnates
▶️ YouTube: /@financemagnates_official
#Exness #ExnessReview #Forex #FinanceMagnates #ForexBroker #BrokerReview #CFDTrading #OnlineTrading #MarketInsights
