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OpenAI Finalizes $40 Billion Funding Round, Valuing Company At $300 Billion With Backing From SoftBank And Microsoft
OpenAI officially announced a $40 billion funding! Behind it is a "high-stakes gamble" concerning its transformation into profitability.
① OpenAI announced on Monday (March 31) a $40 billion financing, which will bring the Company Valuation to $300 billion; ② This funding is reportedly intended to advance AI research and computing infrastructure, with about $18 billion allocated for the "Stargate" project; ③ Main investor SoftBank has required OpenAI to restructure into a profit-making entity by the end of the year, or else investment amounts will be reduced.
OpenAI is making an urgent pivot: an open-source model is about to be released.
Foreign media analysis believes that this move is partly to respond to the rapid rise of the China-based company DeepSeek's R1 model, as well as the ongoing popularity of Meta's Llama series models.
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SoftBank led the investment, raising 40 billion dollars for OpenAI, with a valuation of up to 300 billion dollars.
It is reported that the financing will be divided into two phases: the first round of 10 billion dollars will be available immediately, and the remaining 30 billion dollars will be injected before the end of 2025, but requires OpenAI to complete the transition to a traditional for-profit company. If OpenAI fails to complete the transition on time, SoftBank has the right to reduce its total investment from 30 billion dollars to 20 billion dollars.
Futu Morning Report | The market is experiencing severe fluctuations! New developments in Trump's policies are rumored: details on tariffs may be announced on the evening of April 1 or on the 2nd; conservative media stock Newsmax surged over 700% on its f
Federal Reserve's "third in command" Williams: There is absolutely a risk of rising inflation in the USA; Tesla rebounded after a 7.7% drop! Concerns about growth are increasing, and Wall Street expects Q1 delivery volumes to be the worst performance since Q4 2022.
U.S. stocks closed: the three major Indexes closed mixed, with tariff threats causing severe market fluctuations.
① Conservative media stocks in the USA surged over 700% on their debut; ② The Nasdaq Golden Dragon China Index fell 0.61%, with a cumulative decline of 0.08% in March; ③ News of a merger between the chip foundry giants GlobalFoundries and United Microelectronics has emerged; ④ Amazon launched the AI agent Nova Act.
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