Archives February 2025

Bloomberg: SoftBank Fundraise Could Make OpenAI Most-Valued Startup Ever

According to a recent Bloomberg report, SoftBank is weighing a multi-billion-dollar funding round in OpenAI that could propel the artificial-intelligence pioneer to a valuation exceeding any private company in history. Sources say that SoftBank’s Vision Fund and other affiliates have held preliminary discussions with OpenAI’s board and major investors, exploring a transaction that might inject as much as $10 billion in fresh capital. If completed at the rumored price, OpenAI would surpass unicorns such as SpaceX and ByteDance to claim the top spot among privately held startups. This potential deal underscores the magnetic appeal of generative-AI technologies and highlights the stakes as investors race to back the leading models reshaping software, services, and entire industries.