OpenAI Nears Completion of Record $40 Billion Funding Round

The SoftBank-led investment, valuing OpenAI at $300 billion, highlights the AI leader's rapid growth and ambitious long-term vision.

OpenAI is finalizing a $40 billion funding round led by SoftBank, marking the largest funding round in history and valuing the company at $300 billion.
The company projects its revenue will triple to $12.7 billion in 2025, driven by strong demand for its AI tools and new features like image generation in GPT-4o.
CEO Sam Altman has shifted his focus to research and product development, while COO Brad Lightcap now oversees day-to-day operations.
OpenAI faces significant operational costs and does not expect to achieve profitability until 2029, when revenues are projected to exceed $125 billion annually.
Funds from the investment will support initiatives like the Stargate AI infrastructure project, aimed at building up to 20 AI data centers in the U.S. by 2029.