01.04.2025, 10:56
OpenAI conducted a $40 billion investment round, receiving a valuation of $300 billion
Source: OREANDA-NEWS
OREANDA-NEWS OpenAI, the developer of the chat bot ChatGPT, has closed the largest round of financing in its history - for $ 40 billion, the main participant of which was SoftBank Group Corp.
As part of the investment round, OpenAI was valued at $300 billion, the company said in a statement.
The new funding "will allow us to further push the boundaries of artificial intelligence research, scale our computing infrastructure, and continue providing powerful tools to the 500 million people who use ChatGPT every week," OpenAI said in a statement.
SoftBank said it will invest up to $30 billion in OpenAI Global, a commercial subsidiary of OpenAI. Another $10 billion will be provided to the company by a group of other investors.
According to SoftBank, at the first stage, in mid-April, OpenAI will receive a total of $10 billion. The remaining $30 billion will be provided to it on condition that OpenAI Global is allocated to an independent commercial structure by the end of 2025 or by the beginning of 2026.
If this condition is not met, OpenAI will receive only $10 billion of investments in the second stage, SoftBank said.
OpenAI's revenue last year was $3.7 billion, and the company expects to more than triple it this year to $12.7 billion. At the same time, she does not expect to achieve positive free cash flow before 2029, given the high costs of developing data centers, as well as attracting specialists to develop advanced AI technologies. OpenAI predicts that its revenue will exceed $125 billion in 2029.
As part of the investment round, OpenAI was valued at $300 billion, the company said in a statement.
The new funding "will allow us to further push the boundaries of artificial intelligence research, scale our computing infrastructure, and continue providing powerful tools to the 500 million people who use ChatGPT every week," OpenAI said in a statement.
SoftBank said it will invest up to $30 billion in OpenAI Global, a commercial subsidiary of OpenAI. Another $10 billion will be provided to the company by a group of other investors.
According to SoftBank, at the first stage, in mid-April, OpenAI will receive a total of $10 billion. The remaining $30 billion will be provided to it on condition that OpenAI Global is allocated to an independent commercial structure by the end of 2025 or by the beginning of 2026.
If this condition is not met, OpenAI will receive only $10 billion of investments in the second stage, SoftBank said.
OpenAI's revenue last year was $3.7 billion, and the company expects to more than triple it this year to $12.7 billion. At the same time, she does not expect to achieve positive free cash flow before 2029, given the high costs of developing data centers, as well as attracting specialists to develop advanced AI technologies. OpenAI predicts that its revenue will exceed $125 billion in 2029.
Комментарии