OpenAI has completed a $40 Billion fundraising round, led by SoftBank.

BlockBeats News, April 1st, according to CNBC's report, OpenAI has completed a $40 billion financing, bringing its post-investment valuation to $300 billion (including new capital).

According to CB Insights data, this valuation makes OpenAI one of the highest-valued private companies globally, second only to SpaceX at $350 billion, and tied with TikTok's parent company ByteDance.

This round of financing was led by Japan's SoftBank, with an investment amount of $30 billion, and received support from a group of other investors, including core investor Microsoft, as well as institutions such as Coatue, Altimeter, and Thrive.

In a blog post, OpenAI stated that the company plans to use this new funding to "further advance the frontiers of AI research" and expand its computing infrastructure. According to CNBC citing sources familiar with the matter, approximately $18 billion of this will be used for OpenAI's commitment to the Stargate initiative. The initiative is a joint project between SoftBank, OpenAI, and Oracle, announced by Trump in January of this year.

According to sources, the initial investment is $10 billion, with the remaining $30 billion to be in place by the end of 2025. However, this round of financing comes with an additional condition: if OpenAI does not complete the restructuring to a for-profit entity by December 31, 2025, the financing amount may be reduced by up to $10 billion.