Funding AI News & Updates

OpenAI Secures Historic $40 Billion Funding Round at $300 Billion Valuation

OpenAI has closed one of the largest private funding rounds in history, raising $40 billion at a $300 billion post-money valuation, led by SoftBank with participation from Microsoft and other previous investors. According to reports, approximately $18 billion will fund OpenAI's ambitious Stargate infrastructure project to establish a network of AI data centers across the United States.

OpenAI Secures Massive Funding While New Image Generator Creates Stir

OpenAI is reportedly finalizing a massive $40 billion funding round led by SoftBank while simultaneously drawing attention for its new image generator in ChatGPT that can transform images into Studio Ghibli-style art. The tool has garnered positive reactions for its visual quality but also raises significant questions about copyright and intellectual property.

Browser Use Raises $17M to Help AI Agents Navigate Websites More Effectively

Browser Use, a startup making websites more accessible to AI agents, has secured $17 million in seed funding led by Felicis. The company's technology breaks down website elements into a text-like format that AI agents can better understand, enabling more reliable automation of web-based tasks without relying on vision-based systems that frequently break.

Perplexity AI Eyes Massive $1B Funding at $18B Valuation Amid Search Competition

AI search startup Perplexity is reportedly in early talks to raise up to $1 billion at an $18 billion valuation, doubling its previous valuation from December. The company, which has reached $100 million in annual recurring revenue, faces increasing competition as Anthropic adds web search to Claude and Google tests an AI-powered search engine.

OpenAI Launches $50 Million Academic Research Consortium

OpenAI has established a new consortium called NextGenAI with a $50 million commitment to support AI research at prestigious academic institutions including Harvard, Oxford, and MIT. The initiative will provide research grants, computing resources, and API access to students, educators, and researchers, potentially filling gaps as the Trump administration reduces federal AI research funding.