OpenAI has finalized a $40 billion funding round valuing the company at $300 billion, nearly double its October 2024 valuation of $157 billion. SoftBank is leading the round with $30 billion committed across two tranches (first $10B immediately, remaining $30B by end-2025), joined by Microsoft, Coatue, Altimeter, and Thrive Capital. Concurrently, OpenAI is completing a corporate restructuring to separate its for-profit arm from its nonprofit governance structure by year-end, with financial penalties if restructuring delays beyond December 2025. For financial institutions, this signals the formalization of capital intensity in frontier AI development and tests whether enterprise adoption velocity justifies the valuation expansion and capex-funding model now emerging.
304 other tracked developments touching the same claims.