Openai closes a $ 40 billion financing round, recorded for a private technology deal

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Sam, CEO of Openai, during the Fireside chat organized by Softbank Ventures ASIA in Seoul, South Korea, on Friday, June 9, 2023.

Seongjoon Cho | Bloomberg Gety pictures

Openai announced on Monday that it had closed up to the largest special technical financing round ever.

The financing values ​​of $ 40 billion make the ChatGPT maker at $ 300 billion, including the new capital. It is approximately three times the amount I collected by a private technical company, according to Pitchbook.

The Openai evaluation behind Spacex only puts $ 350 billion, and even with bytedance Parent Tiktok among the richer private companies in the world, according to CB visions.

Japan Softbank The tour is led by 30 billion dollars, and joins the other supporters union, including the primary investor Microsoft As well as coat, height and prosperity scale.

Openai said it uses the new capital “to push the boundaries of artificial intelligence research further” and expand the scope of the account infrastructure, according to the participation of a blog. About $ 18 billion of financing is expected to be used for Openai B StargateThe person familiar with the matter told CNBC. The joint project between SoftBank, Openai and Oracle It is announced President Donald Trump In January.

The person said the initial financing will be $ 10 billion, followed by the remaining 30 billion dollars by the end of 2025. But the tour comes with a warning. Softbank said in an updated disclosure on Monday that his total investment could be reduced To 20 billion dollars If Openai is not restructured to a profitable entity by December 31.

The ruling increases the pressure on Openai to ignore profit transfer, a plan that will need Microsoft and California’s lawyer, and it has been challenged in court by the court Elon MuskWho was one of the founders participating in Openai in 2015, when he started as a non -profit research laboratory.

The current and unusual hybrid structure of the company includes a limited profitable partnership created in 2019. It is not the original and dominant contributor and will be woven as an independent entity if the company can restructure. The project supporters of Openaii have received convertible notes that will turn into royal rights.

Openai expects revenues to reach $ 12.7 billion this year

The largest special deal before Round’s Round’s Group was the $ 14 billion capital increase in 2018. After that, the JUUL LABS raised $ 12.8 billion in 2018 and Didi Global at a value of $ 10.8 billion the following year, according to Pitchbook. Then comes 10 billion dollars in December and Openai for $ 10 billion in 2023.

Softbank and other investors are betting that explosive ChatgPt growth can continue. Openai said on Monday that Chatgpt now has 500 million users per week, even from 400 million last month. Openai also expects revenue tripartite To $ 12.7 billion by the end of this year.

CEO Sam Al -Tamman wrote Monday in a After x Although the launch of Chatgpt was “one of the most viral moments that I have ever seen, and we added a million users in five days,” the company added “a million users in the last hour.”

The artificial intelligence market is preparing The highest 1 trillion dollars In revenues during a decade. Companies from Google and Amazon To Anthropor and Al -Hurra are racing to announce new products and features, especially a ram for building “artificial intelligence agents” Condense.

Openai announced last week some Main changes In C-Suite, with CEO Sam German turning into his focus away from daily operations and more focus on research and product. The role of Brad Light Cap President will expand to oversee “commercial operations and daily stage”.

The collection of donations in Openai comes after Coreave became the first AI Play Plate player A difficult start. After reducing the price of the public subscription, the stock did not change its first day in the market on Friday and more than 7 % fell on Monday.

Mark Klein, CEO of the company Soro Capital An investor at Openai told investors about the profit call of his company earlier this month that the next wave of subscribers expected in his portfolio, “at one time”, Openai.

Correction: I had a previous version of this story that is incorrect for the minimum investment in Softbank.

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