OpenAI’s Ambitious $300 Billion Valuation and SoftBank’s Strategic Investment
OpenAI, the artificial intelligence company behind ChatGPT, is reportedly seeking a valuation of $300 billion in a new funding round led by SoftBank. This ambitious target comes after a significant $6.6 billion funding round in October 2024, which valued the company at $157 billion.
In the October round, Thrive Capital led with a $1.25 billion investment, while SoftBank contributed $500 million. Other notable investors included Microsoft, Nvidia, Tiger Global, Fidelity, Altimeter Capital Management, Khosla Ventures, and MGX.
Following this, OpenAI allowed employees to sell approximately $1.5 billion worth of shares to SoftBank through a tender offer, further strengthening the partnership between the two companies.
SoftBank's increased investment aligns with CEO Masayos...