OpenAI may have billions of dollars in the bank. But it's gearing up to raise billions more, according to a Wall Street Journal report.

Wall Street Journal reported that OpenAI in talks to raise new $40 billion funding, at a valuation of $340 billion.

OpenAI is seeking to raise up to $40 billion in new funding at a valuation of $340 billion, the Wall Street Journal reported today.

SoftBank is in talks to invest in OpenAI, potentially deepening the relationship between the two companies that are already planning an artificial-intelligence infrastructure initiative.

SoftBank could invest $15 billion to $25 billion directly into Microsoft-backed OpenAI, some of which may be used to pay for OpenAI's commitment to Stargate, Reuters had reported on Wednesday, citing a person familiar with the matter.

SoftBank would lead $40 billion round for the ChatGPT maker, some of which would go to Stargate AI infrastructure venture.

Artificial intelligence startup OpenAI is in early discussions for a funding round that could value it at a whopping $340 billion, according to The Wall Street Journal, which would more than double its valuation amid competitive threats from up-and-coming Chinese AI firm DeepSeek.

OpenAI is in talks to raise new capital at a valuation of up to $340 billion valuation, CNBC has confirmed; SoftBank would contribute $15 billion to $25 billion of the roughly $40

Just about a week after the White House announced its new AI Stargate Project, two of the venture's biggest names may become even closer partners. SoftBank reportedly is looking to invest between $15 billion and $25 billion into OpenAI,