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OpenAI raises $8.3 billion bringing mcap to $300 billion: Report
short by Shristi Acharya / on 02 Aug 2025,Saturday
OpenAI has secured $8.3 billion in new funding, valuing the company at an estimated $300 billion, The NYT reported. This fundraiser comes ahead of schedule as demand from investors has increased. Meanwhile, it is part of OpenAI's plan to raise $40 billion this year, including a $30 billion investment from SoftBank by year-end. The firm raised $2.5 billion in March.
short by Shristi Acharya / 11:01 am on 02 Aug
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