OpenAI Secures $40 Billion Funding Round Led By SoftBank Valuing Company At $300 Billion

OpenAI, led by CEO Sam Altman, has raised $40 billion in a funding round valuing the company at $300 billion post-money. The round, one of the largest in history, was led by SoftBank with participation from Microsoft, Coatue, Altimeter, and Thrive. OpenAI plans to use the funds to advance AI research, expand compute infrastructure, and develop its Stargate project, a network of AI data centers across the U.S. INVESTORS: SoftBank, Microsoft, Coatue, Altimeter & Thrive AMOUNT: $40,000,000,000 VALUATION: $300,000,000,000 HQ: #SanFrancisco #California #VentureCapital #OpenAI #SoftBank #Microsoft #Coatue #Altimeter #Thrive #SamAltman #TradedVC