Story perspectives
OpenAI Pursues $40 Billion Amid Tensions with SoftBank
7/22/2025
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Story summary
- OpenAI is seeking to raise $40 billion, aiming for a valuation of $300 billion.
- SoftBank is leading the funding round, contributing 75% but may withdraw if OpenAI fails to restructure by year-end.
- Since 2015, OpenAI has secured $63.92 billion from investors like Microsoft and Andreessen Horowitz.
- Tensions are rising between OpenAI and SoftBank over a joint AI data center and structural changes.
- Elon Musk has voiced concerns about OpenAI's mission, advocating for changes to enhance public benefits.
