OpenAI is in early talks to raise up to $40 billion in a funding round that would value the ChatGPT maker at $340 billion, according to people familiar with the matter.SoftBank would lead the round and is in discussions to invest between $15 billion and $25 billion.

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.

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

OpenAI, the maker of ChatGPT, is seeking to raise $40 billion in a fresh round of funding that would value the startup at a staggering $340 billion, the Wall Street Journal Reported on Thursday.

A new investment from the Japanese conglomerate would be separate from the $100 billion tied to a project announced at the White House last week.

OpenAI is in talks for an investment round to raise nearly $40 billion that would value the AI startup at up to $340 billion, the Wall Street Journal reported on Thursday.

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.

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