Global tech investor SoftBank Group is in discussions to lead the round, with plans to contribute between $15 billion and $25 billion.
OpenAI is seeking to raise $40 billion in a new funding that could elevate its valuation to an astonishing $430 billion, according to a report by the Wall Street Journal on Thursday.Japan's
Chinese artificial intelligence startup DeepSeek stunned markets and AI experts with its claim that it built its immensely popular chatbot at a fraction of the cost of those made by American tech tita
Approximately $1 trillion is set to be spent globally on AI development in the coming years, according to estimates by Goldman Sachs. But DeepSeek developed its AI model for $6 million, according to Wedbush Securities analyst Dan Ives .
President Donald Trump talked up a joint venture investing up to $500 billion for infrastructure tied to AI by a new partnership formed by OpenAI, Oracle and SoftBank.
Chinese firm DeepSeek's artificial intelligence chatbot has soared to the top of the Apple Store's download charts, stunning industry insiders and
The Japanese conglomerate is in talks to spend up to $43 billion to boost the ChatGPT developer.
SoftBank Group is negotiating to lead a $40 billion funding round for AI developer OpenAI, which could value the company at $300 billion. This move comes as competition heats up with Chinese startup DeepSeek's low-cost AI model.
Some of the funding would be used to help cover OpenAI’s $18 billion commitment to the recently announced Stargate project.
Japan's SoftBank is in talks to invest $15-25 billion in OpenAI in a deal that would make it the ChatGPT-maker's biggest financial backer, the Financial Times reported on Thursday.
SoftBank is in talks to invest up to $25 billion in OpenAI as part of a broader partnership that could see the Japanese conglomerate spend more than $40 OpenAI is in talks to raise up to $25 billion from SoftBank amid DeepSeek shock.