When you’re busy ghibli is energetic to your images With Chatgpt’s new image generation feature, Openai has raised more cash. According to SoftBank’s leadership, the company will be close to finalizing a new $40 billion funding round. Bloomberg’s report.
Other funds, including hedge funds Magnet Capital, Coatue Management, Founders Fund and Altimeter Capital Management, are also in talks with Openai to participate in the season, with Magnetar likely to invest $1 billion.
SoftBank will initially invest $7.5 billion, with another $2.5 billion from the investor group, Bloomberg said. The report added that a second batch is expected to be conducted this year, with Japanese conglomerates set to invest another $22.5 billion while adding a $7.5 billion collection.
Openai lifted last time $6.6 billion round led by Thrive Capital in October 2024 at a $157 billion valuation. Bloomberg’s latest report says the new big round will value the company’s valuation of $300 billion.
