OpenAI on Monday announced it had closed what amounts to the largest private tech funding round on record.
The $40 billion financing values the ChatGPT maker at $300 billion, including the fresh capital. It’s nearly three times the largest amount previously raised by a private tech company, according to PitchBook.
The valuation puts OpenAI behind only SpaceX at $350 billion and even with TikTok parent ByteDance among the world’s most richly valued private companies, according to CB Insights.
Japan’s SoftBank is leading the round with $30 billion, and is joined by a syndicate of other backers, including core investor Microsoft
as well as Coatue, Altimeter and Thrive.
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OpenAI closes $40 billion funding round, largest private tech deal on record
- by: Hayden Field , Kate Rooney
- 2025-03-31
- Source:
CNBC
- 04/01/2025
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