On December 30, CNBC reported that SoftBank had fully committed to its $40 billion investment in OpenAI.
As previously reported by BlockBeats, on April 1st, OpenAI completed a $40 billion funding round, led by SoftBank. This brought its post-money valuation to $300 billion (including new capital). Other investors include core investor Microsoft, as well as institutions such as Coatue, Altimeter, and Thrive. OpenAI stated that it plans to use the new funds to "further advance the frontiers of AI research" and expand its computing infrastructure, with approximately $18 billion earmarked for its commitment to the Stargate project. This funding round comes with a condition: if OpenAI fails to complete its restructuring into a for-profit entity by December 31, 2025, the funding size could be reduced by up to $10 billion.
