Openai closes a $ 40 billion financing deal, the largest registered special technical deal

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Cathgpt Creator Openai revealed on Monday that he gets up to $ 40 billion from new financing.

The money came out of a new tour of the donations to Artificial Intelligence Company (AI) The SoftBank group works as a major investor.

The Japanese Investment Group said it has agreed to fund Openai for $ 10 billion in mid -April and an additional $ 30 billion in December, and stops the artificial intelligence company that moves to profit by the end of the year.

Openai Sam Altman CEO speaks in Japan

Open AI, CEO of SAM Altman, speaks during an event entitled “Transforming Business through Artificial Intelligence” in Tokyo, Japan, on February 3. (Tomohiro Ohsumi / Getty Images)

Part of the investment-10 billion dollars-to the “participating investors”, which a source familiar with Reuters, told Reuters from Microsoft, Coature Management, Altimeter Capital and Thrive Capital.

Openai will get $ 20 billion as a maximum of money from Softbank if the company does not collect the profit switch.

Artificial intelligence will help reduce prices, but it can be used by authoritarian governments, says Sam Altman, CEO of Openai.

The agreement is translated into an evaluation of $ 300 billion “after money”, according to Openai. Regarding the value, this is more than public companies such as McDonald’s and the Giant Chevron Energy Company for fast food, which is worth more than $ 223 billion and $ 294 billion based on market value as of Tuesday, and gives them a place among the most valuable private companies as well, also, According to Quartz.

Openai Logo on Object

The Openai logo appears in this illustration that was conducted on May 20, 2024. (Dadu Rovik photos / clarification / Reuters)

Openai said that $ 40 billion will help it “to pay the boundaries of artificial intelligence research further, expand the infrastructure of our account, and submit An increasingly strong tools For 500 million people who use Chatgpt every week. “

Softbank’s support will help us build artificial intelligence systems that lead us Scientific discoveryY, enable personal education, enhance human creativity, and pave the way towards AGI, which benefits all humanity. ”

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The Japanese Investment Company said it has chosen to make “follow -up investments” in Openai compatible with the “Stargate Project”, which is unprecedented and “supports both Openai’s growth and obtain the benefits of this growth in NAV in SBG (the value of net assets).

SoftBank Building with a mark, the person walks in front of the building

Openai will get $ 20 billion as a maximum of money from Softbank if the company does not collect the profit switch. (Charly Triballeau / AFP via Getty Images)

Openai collaborates with SoftBank and Oracle to create a network of data centers under the 500 billion dollar Stargate project, which aims to operate the burdens of artificial intelligence work in the United States, which was revealed by the companies that this initiative revealed in January.

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Other companies such as Microsoft, NVIDIA, MGX and ARM are involved in Stargate.

Softbank said it has “a mission to realize artificial intelligence (ASI) for the progress of humanity.” The company’s Vision 2 fund poured $ 2.2 billion in Openai since the fall as part of its efforts to achieve this.

Reuters contributed to this report.



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