OpenAI in talks to raise £32bn in new funding round – reports

Japanese tech giant SoftBank could lead the funding round (PA) - (PA Archive)

OpenAI is in early talks to raise up to 40 billion dollars (£32 billion) in a new funding round, valuing the company at more than 300 billion dollars (£242 billion), it has been reported.

According to reports, Japanese tech giant SoftBank could lead the funding round, which would be a record amount raised in a single round for a private company.