OpenAI has today announced it has reached its funding goal of $40 billion, led by SoftBank with a $300 billion valuation.
SoftBank stated, “With the center of the “Information Revolution” having evolved from personal computers, the Internet, and broadband to smartphones, it has now entered a new phase led by artificial intelligence (AI). In this context, SBG has declared its mission to realize Artificial Super Intelligence (ASI) for the advancement of humanity.”
“The advancement of OpenAI’s AI models is key to achieving AGI and ASI, and massive computing power is essential. To that end, SBG has announced the “Stargate Project” together with OpenAI on January 21, 2025, to build dedicated AI infrastructure for OpenAI in the United States.”
OpenAI aims to increase its capabilities in AI research and expand computational infrastructure with the funds.
OpenAI stated that the funding will “continue building AI systems that drive scientific discovery, enable personalized education, enhance human creativity, and pave the way toward AGI that benefits all of humanity.”
Since September 2024, SoftBank has invested $2.2bn in OpenAI through the SoftBank Vision Fund 2..
By CEO NA Editorial Staff
