OpenAI close to finalizing its $40 billion SoftBank-led funding

March 27, 2025

, By The Economic Times

Share via:

OpenAI is close to finalizing a $40 billion funding round led by SoftBank Group — with investors including Magnetar Capital, Coatue Management, Founders Fund and Altimeter Capital Management in talks to participate, according to people familiar with the matter.

Magnetar Capital — an Evanston, Illinois-based hedge fund — could contribute up to $1 billion, according to multiple people, all of whom asked not to be identified because the information is private.

Representatives for OpenAI, Magnetar and Founders Fund declined to comment on the funding…

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Previous News

The online casinos that can operate as long as they say they aren’t actually casinos

Next News

Judge allows newspaper copyright lawsuit against OpenAI to proceed

The Economic Times

Popular

More Like this

OpenAI close to finalizing its $40 billion SoftBank-led funding

March 27, 2025

, Published By The Economic Times

OpenAI is close to finalizing a $40 billion funding round led by SoftBank Group — with investors including Magnetar Capital, Coatue Management, Founders Fund and Altimeter Capital Management in talks to participate, according to people familiar with the matter.

Magnetar Capital — an Evanston, Illinois-based hedge fund — could contribute up to $1 billion, according to multiple people, all of whom asked not to be identified because the information is private.

Representatives for OpenAI, Magnetar and Founders Fund declined to comment on the funding…

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Website Upgradation is going on for any glitch kindly connect at office@startupnews.fyi

Previous News

The online casinos that can operate as long as they say they aren’t actually casinos

Next News

Judge allows newspaper copyright lawsuit against OpenAI to proceed

The Economic Times

More like this

Popular

Block title

Upcoming Events