OpenAI is reportedly in discussions to secure a $40 billion funding round, which would value the company at $340 billion, according to The Wall Street Journal. The round is expected to be led by SoftBank, with contributions ranging between $15 billion and $25 billion.
If finalised, this funding would more than double OpenAI’s valuation from $157 billion in October. The capital injection is expected to help the company manage its financial losses—reported at $5 billion in 2024 against $3.7 billion in revenue—and support Stargate, its ambitious initiative to develop AI data centres across the U.S.
With rising costs and increasing investment in AI infrastructure, OpenAI is making a bold bet on its future growth, even as it continues to operate at a loss.
