OpenAI closes a $40B round, the most raised by a private tech company, at a $300B post-money valuation; SoftBank led with $30B; source: ~$18B is for Stargate

OpenAI on Monday announced it had closed what amounts to the largest private tech funding round on record.

CNBC 2025-04-01

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@carnage4life Dare Obasanjo on bluesky
OpenAI has now raised over $57B which is an incredible number for a startup. SoftBank put in $30B of the $40B in the latest round. — Hopefully this turns out like their ARM investment and not like WeWork.
@edzitron.com Ed Zitron on bluesky
We are not quite in the WeWork zone, but we're close. SoftBank had $16bn in WeWork, but only has $9.25bn ($250m last round, $1.5bn tender, $7.5bn in first tranche) in OpenAI so far. Tranche 2 will make it just a bit bigger at $19.25bn, if they even pay. — finance.yahoo.com/ne…
@andrewparker Andrew Parker on bluesky
Nothing says “this is the next big thing, we're a totally viable business” like “the vast majority of our current funding is from the same bank that was ride or die with WeWorks” [embedded post]
@edsbs @edsbs on bluesky
oh SoftBank is in there? COOKED [embedded post]
@edzitron.com Ed Zitron on bluesky
*$40bn — *$10bn up front, $30bn “by end of year” and they lose $10bn off the top if they can't convert to for profit, which is in my opinion is impossible. gonna need it with 500m weekly active users! Hey why do they never give monthly active? Is it because the conversion st…
@sama Sam Altman on x
the chatgpt launch 26 months ago was one of the craziest viral moments i'd ever seen, and we added one million users in five days. we added one million users in the last hour.
@mikeisaac Rat King on x
openAI announces it has closed a $40 billion fund raise, valuing the company at a staggering $300 billion dollars. some interesting stats: half a billion people use chatGPT weekly 20 million paid “plus” subs
@garymarcus Gary Marcus on x
Breaking: SoftBank is valuing OpenAI, which has never turned a profit, and which faces increasing competition and price wars, at $300B. That's more than the market cap for Chevron, Salesforce, Philip Morris, Cisco, Wells Fargo, IBM, Merck, McDonald's, General Electric, PepsiCo,
@rogoswami Rohan Goswami on x
SoftBank CEO Masa Son on OpenAI deal: “AI is a defining force shaping humanity's future. Our expanded partnership with OpenAI accelerates our shared vision to unlock its full potential”
@kyliebytes Kylie Robison on x
busy day over at the ol' cash burn warehouse https://www.theverge.com/...
@apompliano Anthony Pompliano on x
OpenAI just raised $40 billion in a single fundraising round. $40,000,000,000 Wild.
@edzitron Ed Zitron on x
Suicide round btw. How do you raise past this? Also, why only give $10bn up front? Why is the rest “by the end of the year” if SoftBank is so confident? OpenAI anticipates to spend $13bn on MS' compute in 2025. How do they afford to?
@danprimack Dan Primack on x
Masa Son statement on OpenAI deal: “AI is a defining force shaping humanity's future. Our expanded partnership with OpenAI accelerates our shared vision to unlock its full potential.”
@mikebutcher Mike Butcher on x
Given almost half ($18B) of the $40B funding will go toward OpenAI's Stargate infrastructure project to establish AI data centers across the U.S., we can conclude that it believes more compute solves the hallucination problem. But many critics think they are barking up the wrong
@gavinpurcell Gavin Purcell on x
So as OpenAI raises their big $$$ I have a request from @sama & @kevinweil: a Plus family plan Let me pay say $50 bucks a month for up-to-four members of my family who all have individual memory + isolated experience + history. Maybe some extra credits for Research + Image.
r/OpenAI r on reddit
OpenAI closes $40 billion funding round, largest private tech deal on record
r/singularity r on reddit
OpenAI closes $40 billion funding round, largest private tech deal on record
r/technology r on reddit
OpenAI closes $40 billion funding round, largest private tech deal on record
r/Economics r on reddit
OpenAI Finalizes $40 Billion Funding at $300 Billion Valuation

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OpenAI closes a $40B round, the most raised by a private tech company, at a $300B post-money valuation; SoftBank led with $30B; source: ~$18B is for Stargate

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