OpenAI receives $40 billion in financing, with a valuation of $300 billion

According to the latest news from Bloomberg, OpenAI is approaching a $40 billion financing agreement led by SoftBank, which will put its valuation at a $300 billion, becoming the largest financing case in the field of artificial intelligence. This financing is not only a major milestone for OpenAI, but also marks the rapid development of the artificial intelligence industry and the attention of the capital market.

Participants in this financing include well-known investment institutions such as SoftBank Group, Magnetar Capital, Coatue Management, Founders Fund and Altimeter Capital Management. Although OpenAI and some investors remain silent on financing, the progress of the transaction has attracted widespread attention.

Data from research firm PitchBook shows that if this round of financing is successful, OpenAI's valuation will almost double from US$157 billion in October 2023 to US$300 billion, reflecting the market's strong confidence in its future development potential. According to preliminary details of the financing agreement, SoftBank Group will first inject $7.5 billion, and then the consortium will inject another $2.5 billion. In addition, people familiar with the matter revealed that hedge fund Magnetar Capital may participate in contributing $1 billion.

It is worth mentioning that after completing this round of financing, OpenAI plans to launch a second round of financing later this year with a target of US$30 billion, of which SoftBank will invest another US$22.5 billion and the consortium will provide US$7.5 billion. This series of financing measures demonstrates investors' high trust in OpenAI and its technology, especially in the context of the increasing popularity of smart chatbots and other AI technologies.

Through this financing, OpenAI will not only accelerate its technological research and development and commercialization process, but will also further consolidate its leadership in the global AI market. With the rapid development of the industry and the intensification of competition, every step of OpenAI will attract the attention of the industry.