OpenAI is in negotiations for a new $40 billion funding round.

BlockBeats News, January 31st, according to The Wall Street Journal, OpenAI is in early talks for a new round of about $40 billion in funding, raising OpenAI's valuation to $340 billion. SoftBank Group is considering investing $15 billion to $25 billion in this funding round. When OpenAI raised $6.6 billion in October 2024, its valuation was $157 billion.

BlockBeats previously reported that U.S. President Trump announced that OpenAI, SoftBank, and Oracle would establish a joint venture called Stargate, planning to receive $500 billion in investment over the next four years to build new artificial intelligence infrastructure for OpenAI in the United States. OpenAI will immediately start deploying $100 billion. This infrastructure will ensure the United States' leadership in the field of artificial intelligence, create hundreds of thousands of jobs in the U.S., and bring huge economic benefits to the world.

Musk once commented on OpenAI's released Stargate plan, saying, "they actually don't have the money."