OpenAI’s Meteoric Rise: $40 Billion Funding Round to Skyrocket Valuation to $300 Billion

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OpenAI is nearing completion of a record-breaking $40 billion funding round, led by SoftBank Group Corp. The deal is expected to value the company at $300 billion, almost doubling its previous valuation of $157 billion from October. SoftBank will invest $7.5 billion, with an additional $2.5 billion coming from an investor syndicate

Other potential investors in talks to participate include:

•Magnetar Capital (potentially contributing up to $1 billion)
•Coatue Management
•Founders Fund
•Altimeter Capital Management

This funding round, if completed, would be the largest of all time according to PitchBook data

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