Openai could have billions of dollars within the bank. But it’s preparing to extend billions more, According to a report by Wall Street Journal.
According to the WSJ, Openaai is in talks to secure as much as 40 billion US dollars in a financing round that might rate the startup for $ 340 billion. Softbank would lead the round and, in line with the WSJ, pour between 15 and 25 billion US dollars into the chatt manufacturer.
If Openai successfully concludes the round, it might be a remarkable performance for the startup, which was value 157 billion US dollars in October. The WSJ says that Openaai would use the capital to finance its business processes and to meet its commitment to Stargate, his ambitious project to establish AI data centers within the USA.
In 2024, Openaai reports lost Around 5 billion US dollars against income of three.7 billion US dollars. The losses could assemble. In collaboration with partners like Softbank, Openai would really like to contribute to Stargate billions to start out.
