BTCC
/
BTCC Square
/
Global Cryptocurrency
/
OpenAI Secures $8.3 Billion Funding, Valuation Soars to $300 Billion
OpenAI Secures $8.3 Billion Funding, Valuation Soars to $300 Billion
14
2
BTCCSquare news:
OpenAI has completed a landmark $8.3 billion funding round, accelerating its valuation to $300 billion—far exceeding initial targets. Major investors including Blackstone, TPG, and Fidelity participated, with Dragoneer Investment Group leading at $2.8 billion. The AI firm's total funding now stands at $40.8 billion, bolstered by SoftBank's $30 billion injection in March.
Revenue surged by $3 billion last month, while paid subscriptions crossed five million. "Our open approach continues to drive unprecedented growth," said founder Sam Altman. The deal underscores institutional confidence in AI's transformative potential across tech and finance.
By:
Previous
Fed Governor Adriana Kugler Resigns, Opening Seat for Trump Nominee
Next
Amazon Stock Decline Reflects Broader Market Jitters Amid Earnings and Tariff Concerns
