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OpenAI Seeks Additional Capital From Investors as Part of Its $40 Billion Round (www.wired.com)

submitted 3 days ago by [email protected] to c/[email protected]

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[-] [email protected] 9 points 3 days ago* (last edited 3 days ago)

Part of the 40 billion that they might* get from mostly SoftBank, who said they would give OpenAI substantially less if they don't restructure into a for profit by the end of 2025. 1

I suspect they're anticipating the 30 billion from SoftBank to partially fall through.

[-] [email protected] 3 points 2 days ago

I'm hoping it's going to be another WeWork situation for SoftBank — not because I have anything against SoftBank — but because I'd love to see OpenAI die.

this post was submitted on 25 Jul 2025

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