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Softbank Set to Invest ~$30bn in OpenAI
April 1, 2025
OpenAI is set to raise $40bn in a new funding round led by SoftBank Group at a $300bn valuation to advance AI research, expand computational infrastructure, and enhance its tools. SoftBank will contribute 75% of the funding, with the remainder from Microsoft, Coatue Management, Altimeter Capital, and Thrive Capital. This round nearly doubles OpenAI’s valuation from $157bn in October 2024, reflecting strong investor enthusiasm for AI. The company plans to develop more powerful AI tools for its 500 million weekly ChatGPT users and expand enterprise AI adoption. OpenAI is also partnering with SoftBank and Oracle on the $500bn Stargate project, a network of US data centers for AI workloads. To secure full funding, OpenAI must transition to a for-profit company by year-end. With this raise, OpenAI will rank among the most valuable private companies, alongside SpaceX, ByteDance, and Stripe.
Softbank’s dollar bonds traded stable with its 6.25% 2028s at 100.75, yielding 5.96%
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