OpenAI has completed a $40 Billion fundraising round, led by SoftBank.

On April 1st, as reported by CNBC, OpenAI has successfully completed a $40 billion financing round, which has led to a post-investment valuation of $300 billion (including new capital). According to CB Insights data, this valuation positions OpenAI as one of the most highly valued private companies globally. It ranks second only to SpaceX, which is valued at $350 billion, and is on an equal footing with TikTok's parent company, ByteDance. This financing round was spearheaded by Japan's SoftBank, with an investment of $30 billion. It also received support from a consortium of other investors, including core investor Microsoft, as well as institutions such as Coatue, Altimeter, and Thrive. In a blog post, OpenAI stated that the company intends to utilize this new funding to "further propel the frontiers of AI research" and expand its computing infrastructure. According to CNBC, citing sources familiar with the matter, approximately $18 billion of this funding will be dedicated to OpenAI's commitment to the Stargate initiative. This initiative is a joint project between SoftBank, OpenAI, and Oracle, which was announced by Trump in January of this year. According to sources, the initial investment amounts to $10 billion, and the remaining $30 billion is expected to be in place by the end of 2025. However, this financing round comes with an additional stipulation: if OpenAI does not complete the restructuring to a for-profit entity by December 31, 2025, the financing amount may be reduced by up to $10 billion.