March 31, 2025:
OpenAI Secures $40B, Reaches $300B Valuation Milestone - OpenAI has completed a $40 billion funding round, led by SoftBank with participation from Microsoft, Coatue, Altimeter, and Thrive, raising its post-money valuation to $300 billion. The funds will boost AI research, expand computing infrastructure, and improve tools for ChatGPT's 500 million weekly users.
A significant $18 billion is allocated to the Stargate project, which aims to build a network of AI data centers across the U.S. OpenAI emphasizes SoftBank's expertise in scaling transformative technology as a key component of their collaboration.
