Topics
Latest
AI
Amazon
Image Credits:Justin Sullivan / Getty Images
Apps
Biotech & Health
clime
Image Credits:Justin Sullivan / Getty Images
Cloud Computing
commercialism
Crypto
endeavour
EVs
Fintech
fund-raise
gismo
Gaming
Government & Policy
Hardware
layoff
Media & Entertainment
Meta
Microsoft
Privacy
Robotics
Security
societal
blank
Startups
TikTok
Transportation
speculation
More from TechCrunch
Events
Startup Battlefield
StrictlyVC
Podcasts
telecasting
Partner Content
TechCrunch Brand Studio
Crunchboard
Contact Us
OpenAI may have billions of dollars in the bank . But it ’s gearing up to enhance 1000000000 more , consort to a report from The Wall Street Journal .
Per The WSJ , OpenAI is in talks to secure up to $ 40 billion in a funding rhythm that would value the inauguration at $ 340 billion . SoftBank would lead the round , pouring between $ 15 billion to $ 25 billion into the ChatGPT maker , according to The WSJ .
Should OpenAI successfully shut the troll , it ’d be a remarkable feat for the inauguration , which was valued at $ 157 billion in October . The WSJ says that OpenAI would use the capital to fund its money - losing business operations and live up to its commitment to Stargate , itsambitious project to build AI data shopping centre across the U.S.
In 2024,OpenAI reportedly lostaround $ 5 billion against taxation of $ 3.7 billion . The personnel casualty could mount . In conjugation with partners include SoftBank , OpenAI aims to impart billions of dollars to Stargateto start .
