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- đź“ť OpenAI looking to raise $40B
đź“ť OpenAI looking to raise $40B
Liam Gill
February 03, 2025
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News of the Day
OpenAI is reportedly in talks to raise up to $40B, led by SoftBank with a potential investment of $15B–$25B, pushing its valuation to $340B—more than double its October valuation of $157B. The funding would help cover its $5B loss in 2024 against $3.7B in revenue and support "Stargate," its ambitious AI data center expansion project. If successful, the deal would mark one of the largest private fundraising rounds in history, underscoring the intense capital demands of AI development and OpenAI’s growing dominance in the sector.
I've never been more bullish on entrepreneurship in America!
- Cost of failure gets closer to zero every day
- Culture of pivoting more embraced than ever
- Founders more vulnerable on social about the good & the suck associated with the journey
- AI, automation, offshoring… x.com/i/web/status/1…— Alex Lieberman (@businessbarista)
2:15 PM • Jan 31, 2025
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Onwards and Upwards,
