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Windows Central
Windows Central
Technology
Kevin Okemwa

SoftBank could dethrone Microsoft as OpenAI's largest single investor — with a potential $25B stake in a reported $40B funding round, doubling the ChatGPT maker's market valuation to $340B

In this photo illustration OpenAI icon is displayed on a mobile phone screen in Ankara, Turkiye on August 13, 2024.

After raising $6.6 billion through a round of funding from investors, including Microsoft, NVIDIA, Thrive Capital, SoftBank, and more, to evade bankruptcy with projections of making a $5 billion loss within 12 months, OpenAI is reportedly in talks to raise $40 billion through another round of funding, pushing its market capitalization to approximately $340 billion (via The Wall Street Journal).

According to unnamed sources, SoftBank is slated to lead the funding round with a stake of between $15 billion and $25 billion in the ChatGPT maker. Interestingly, this would dethrone Microsoft as OpenAI's largest investor, passing on the crown to SoftBank.

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