Openai increases $ 40 billion to $ 300 billion in evaluation after my money

Openai announced on Monday that he had closed one of the largest private financing rounds in history.

According to a blog post on the company’s website, Openai has lifted $ 40 billion in a round that enhances the company at 300 billion post-money dollars. Softbank led to funding, CNBC reported. The other participants included Microsoft, Coatue, Altimeter and Thrive, which are all previous in the outfit.

“(This new capital) allows us to push the boundaries of AI research even further, to develop our calculation infrastructure and to deliver increasingly powerful tools for the 500 million people who use Chatgpt every week,” wrote Openai in the blog post. “We are delighted to work in partnership with SoftBank Group – few companies understand how to evolve transformative technology as they do.”

CNBC, citing a source familiar with the issue, said that around $ 18 billion in funding will go to the ambitious OpenAi Stargate Infrastructure Project, which aims to establish a network of AI data centers in the United States