OpenAI finalises biggest ever tech funding round at $US300b valuation

Copy link Copied Copy link Copied Subscribe to gift this article Gift 5 articles to anyone you choose each month when you subscribe. Already a subscriber? Login OpenAI, the artificial intelligence company behind ChatGPT, said it has finalised a funding round that will bring in $US40 billion ($64.1 billion) from SoftBank Group and other investors at a $US300 billion valuation, including money raised.

The AI developer’s financing round is the largest of all time, according to data compiled by research firm PitchBook. The deal values the ChatGPT maker at almost double its previous valuation of $US157 billion when it raised money in October . Bloomberg Copy link Copied Copy link Copied Subscribe to gift this article Gift 5 articles to anyone you choose each month when you subscribe.



Already a subscriber? Login Introducing your Newsfeed Follow the topics, people and companies that matter to you. Latest In Technology Fetching latest articles Most Viewed In Technology BOSS Financial Review.