MoFo advises SoftBank on mega $40bn funding round in OpenAI
MoFo said the financing round is the largest investment by a venture-backed start-up on record, with the deal valuing OpenAI at $300bn. Up to $10bn of the investment is expected to be syndicated to other investors, with SoftBank covering the rest.
SoftBank leads OpenAI's funding round amid rise of DeepSeek
PALO ALTO, U.S./TOKYO -- OpenAI's latest $40 billion funding round positions Japan's SoftBank Group as a leading partner for the U.S.-based ChatGPT developer looking to build artificial intelligence infrastructure to compete with such new players as DeepSeek.
Leading OpenAI's record-breaking $40 billion funding round shows the tech investor's knack for seizing big opportunities.
Kyodo News on MSN13d
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