
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.