Venture Capital AI News & Updates
OpenAI in Talks for $40 Billion Funding at $340 Billion Valuation
OpenAI is reportedly negotiating a massive funding round of up to $40 billion that would value the company at $340 billion, with SoftBank potentially leading the investment with $15-25 billion. The capital would help fund OpenAI's money-losing operations, which reportedly lost $5 billion against $3.7 billion in revenue in 2024, and support its ambitious Stargate data center project.
Skynet Chance (+0.08%): The unprecedented scale of investment in a company developing frontier AI systems dramatically increases the resources available for advanced AI research with minimal oversight, potentially enabling development paths that prioritize capabilities over safety considerations.
Skynet Date (-1 days): The massive capital influx would accelerate OpenAI's ability to build immense computational infrastructure through the Stargate project, potentially dramatically shortening timelines for developing increasingly powerful and potentially uncontrollable AI systems.
AGI Progress (+0.04%): While not a direct technical advancement, this extraordinary level of funding represents a step-change in the resources available to overcome remaining barriers to AGI, particularly through massive computational scaling via the Stargate project.
AGI Date (-1 days): The combination of $40 billion in new funding and the explicit focus on building out massive AI compute infrastructure through Stargate would significantly accelerate OpenAI's capability to train increasingly powerful models, potentially shortening AGI timelines by years.