DeeperML

OpenAI has secured a monumental $40 billion funding round, spearheaded by SoftBank, elevating the company's valuation to $300 billion. This substantial financial backing marks one of the most significant capital infusions in the tech industry, underscoring the robust investor confidence in OpenAI's vision and strategic direction. The funding is expected to fuel expanded research and development efforts, upgrades to computational infrastructure, and the accelerated rollout of next-generation AI models. This investment also solidifies OpenAI's position as the world’s second-most valuable private company, trailing only Elon Musk’s SpaceX Corp.

As part of this major announcement, OpenAI revealed plans to release its first "open-weight" language model since 2019. This move signifies a dramatic strategic shift for the company, which has largely built its business on proprietary AI systems. OpenAI CEO Sam Altman confirmed the development on X, stating that the new model would have enhanced reasoning capabilities and be made available in the coming months. This decision comes amid increasing pressure from competitors in the open-source AI space and is driven by the evolving economics of the AI landscape.

ImgSrc: www.artificiali

References :

• Fello AI: OpenAI has closed a $40 billion funding round, boosting its valuation to $300 billion. The deal, led by SoftBank, is one of the largest capital infusions in the tech industry and marks a significant milestone for the company.
• SiliconANGLE: OpenAI bags $40B in funding, increasing its post-money valuation to $300B
• techxplore.com: OpenAI says it raised $40 bn at valuation of $300 bn
• THE DECODER: SoftBank and OpenAI announced a major partnership on Monday that includes billions in annual spending and a new joint venture focused on the Japanese market.
• venturebeat.com: OpenAI announced plans to release its first “open-weight” language model since 2019, marking a dramatic strategic shift for the company that built its business on proprietary AI systems.
• www.techrepublic.com: Find out how to provide OpenAI with your input about its upcoming open language model, which Sam Altman stated will be a "reasoning" model like OpenAI o1.
• AI News | VentureBeat: $40B into the furnace: As OpenAI adds a million users an hour, the race for enterprise AI dominance hits a new gear
• www.theguardian.com: OpenAI raises up to $40bn in record-breaking deal with SoftBank
• Pivot to AI: OpenAI signs its $40 billion deal with SoftBank! Or maybe $30 billion, probably
• THE DECODER: OpenAI plans GPT-5 release in "a few months," shifts strategy on reasoning models
• AI News: Study claims OpenAI trains AI models on copyrighted data
• Charlie Fink: OpenAI Raises $40 Billion, Runway AI Video $380 Million, Amazon, Oracle, TikTok Suitors Await Decision

Classification:

• HashTags: #OpenAI #AIFunding #OpenSourceAI
• Company: OpenAI
• Target: Developers
• Product: ChatGPT
• Feature: Open-weight LLM
• Type: AI
• Severity: Informative