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OpenAI Poised for $40 Billion Funding from SoftBank

3/27/2025

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Summary

Story summary

OpenAI is on the brink of securing a staggering $40 billion in funding, with SoftBank Group Corp. at the helm. Notable investors like Magnetar Capital, which could invest up to $1 billion, along with Coatue Management, Founders Fund, and Altimeter Capital Management, are eager to join this monumental financial venture.

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Story summary

OpenAI is on the brink of securing a staggering $40 billion in funding, with SoftBank Group Corp. at the helm. Notable investors like Magnetar Capital, which could invest up to $1 billion, along with Coatue Management, Founders Fund, and Altimeter Capital Management, are eager to join this monumental financial venture.