OpenAI raises up to $40bn in record-breaking deal with SoftBank

OpenAI raises up to $40bn in record-breaking deal with SoftBank

OpenAI, ChatGPT, Technology, Artificial intelligence (AI), World news, Computing, DeepSeek Business | The Guardian

​Japanese investment group says it wants to realise ‘artificial super intelligence’ – smarter than people – in biggest capital raising ever for a start-upOpenAI said it had raised $40bn in a funding round that valued the ChatGPT maker at $300bn – the biggest capital-raising session ever for a startup.It comes in a partnership with the Japanese investment group SoftBank and “enables us to push the frontiers of AI research even further,” OpenAI announced, adding it would “pave the way toward AGI (artificial general intelligence)” for which “massive computing power is essential”. Continue reading… 

Japanese investment group says it wants to realise ‘artificial super intelligence’ – smarter than people – in biggest capital raising ever for a start-up

OpenAI said it had raised $40bn in a funding round that valued the ChatGPT maker at $300bn – the biggest capital-raising session ever for a startup.

It comes in a partnership with the Japanese investment group SoftBank and “enables us to push the frontiers of AI research even further,” OpenAI announced, adding it would “pave the way toward AGI (artificial general intelligence)” for which “massive computing power is essential”.

Continue reading… 

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