OpenAI secures record $40B funding round

By tanvi | Apr 2, 2025

OpenAI just locked in a massive $40 billion funding round, making it the largest private tech fundraise in history.

The deets: the new capital values the ChatGPT-maker at $300 billion.

SoftBank is leading with a $30B commitment, joined by Microsoft, Coatue, Altimeter, and Thrive. A big chunk, around $18B, is expected to fuel OpenAI’s Stargate project, which focuses on building next-gen computing infrastructure for AI.

The company now has 500 million weekly users and plans to triple its revenue to $12.7B this year.

Worth noting: the valuation puts OpenAI behind only SpaceX at $350 billion.

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