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OpenAI raises up to $40bn in record-breaking deal with SoftBank

  • OpenAI has raised $40bn in a funding round with SoftBank, valuing the company at $300bn.
  • The partnership with SoftBank aims to accelerate AI research and pave the way for artificial general intelligence.
  • SoftBank plans to invest $10bn initially and an additional $30bn by the end of 2025, subject to certain conditions.
  • OpenAI, previously focused on closed models, is now building a more open generative AI model to compete with DeepSeek and Meta.

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