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VisitWill OpenAI complete $6.5 billion funding round by end of 2024?
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Official announcements from OpenAI or major financial news outlets like Bloomberg or Reuters
SoftBank to Invest $500M in OpenAI's Latest Funding Round, Valuing Company at $150B
Sep 30, 2024, 01:45 PM
SoftBank's Vision Fund has agreed to invest $500 million in OpenAI's latest funding round, which is raising $6.5 billion. This marks the first investment by SoftBank in OpenAI, the developer of ChatGPT, led by Sam Altman. The funding round values OpenAI at $150 billion before the investment. The information was reported by The Information and confirmed by a person familiar with the deal.
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