OpenAI Nears Completion of Record-Breaking $40 Billion Funding Round Led by SoftBank

The investment, valuing OpenAI at $300 billion, includes contributions from Magnetar Capital, Coatue Management, Founders Fund, and Altimeter Capital.

OpenAI is finalizing a $40 billion funding round led by SoftBank, marking the largest funding round in history according to PitchBook.
The deal will nearly double OpenAI's valuation to $300 billion, up from $157 billion during its last funding round in October 2024.
SoftBank is committing $30 billion in total, with $7.5 billion as an initial investment, followed by $22.5 billion in a second tranche later this year.
Additional investors include Magnetar Capital, which may contribute up to $1 billion, as well as Coatue Management, Founders Fund, and Altimeter Capital.
This funding reflects OpenAI's dominance in the AI industry and the growing financial stakes required to maintain leadership in the competitive sector.