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OpenAI targets $40 billion funding despite DeepSeek market shocks

Sam Altman with SoftBank boss
OpenAI and SoftBank are also involved in a new US AI infrastructure project called Stargate. Photo: Andrew Harnik/Getty Images

Hameed Shuja

2 min read
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Raising funds could be a challenge, given how markets have reacted to the arrival of DeepSeek on the AI scene.

OpenAI, the world’s largest and most valuable artificial intelligence company, is talking to investors about a new $40 billion funding round, the Financial Times has reported.

According to the paper, SoftBank could be at the centre of the new funding, and is expected to invest a figure of around $15 billion

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