
OpenAI Secures Historic $40 Billion Funding Round
OpenAI has closed a $40 billion funding round, boosting its valuation to $300 billion. The deal, led by SoftBank, is one of the largest capital infusions in the tech industry and marks a significant milestone for the company. In a tweet on X, CEO Sam Altman confirmed the funding news and shared plans to release a new open-weight language model with enhanced reasoning capabilities in the coming months. The substantial investment will support expanded R&D and upgrades to computational infrastructure, underscoring strong investor confidence in OpenAI’s strategic direction. Overview of the Funding Round OpenAI’s latest round marks one of the largest funding events in the tech industry. The company is […]