OpenAI Reportedly Seeking $40B Funding at $340B Valuation

OpenAI's Pursuit of Further Funding

Despite possessing substantial financial resources, OpenAI is reportedly preparing to secure additional billions in investment. This information stems from a recent report published by The Wall Street Journal.

Potential Funding Round Details

According to The WSJ, discussions are underway for OpenAI to obtain up to $40 billion in a new funding round. This would establish a company valuation of $340 billion.

SoftBank is anticipated to spearhead this investment, potentially contributing between $15 billion and $25 billion to the company behind ChatGPT. This detail was also reported by The Wall Street Journal.

Implications of Successful Funding

Successfully completing this funding round would represent a significant achievement for OpenAI. The company was last valued at $157 billion in October.

The WSJ indicates that the newly acquired capital would be allocated to cover the company’s current operating losses and to support Stargate. Stargate is OpenAI’s large-scale initiative focused on constructing AI data centers throughout the United States.

Financial Performance and Stargate Investment

Reportedly, OpenAI experienced losses of approximately $5 billion in 2024, while generating revenues of $3.7 billion. Further losses are a possibility.

In collaboration with partners, including SoftBank, OpenAI intends to invest billions of dollars into the Stargate project to initiate its development.

The company aims to significantly contribute to the funding required to launch the ambitious Stargate initiative.