AI Funding & Investment

OpenAI Announces $40B in Landmark Round, Hits $300B Valuation to Fuel AI Infrastructure and Research

OpenAI has closed a historic $40 billion funding round, valuing the company at $300 billion post-money, in one of the largest private capital raises to date. SoftBank led the round, with participation from Microsoft, Coatue, Altimeter, and Thrive — all existing investors.

In a blog post, OpenAI stated that the funding will accelerate AI research, expand compute infrastructure, and scale tools like ChatGPT, which now serves over 500 million weekly users. The company said its collaboration with SoftBank will help scale transformative technologies. According to CNBC, approximately $18 billion of the capital will support Stargate, OpenAI’s planned U.S. network of advanced AI data centers.

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AI, AI Funding & Investment, AI Infrastructure & Compute, AI Research & Advances, Enterprise AI

OpenAI Unveils Jalapeño, Its First Custom AI Inference Chip Built With Broadcom

OpenAI has revealed its first custom-built AI inference processor, developed in collaboration with semiconductor giant Broadcom. Named Jalapeño, the chip was designed specifically to handle

AI Funding & Investment

NeuralTrust Raises $20M to Secure The Growing Swarm of AI Agents in The Enterprise

Insider Brief PRESS RELEASE — NeuralTrust, the platform to secure AI agents, announced a $20 million seed round, the largest cybersecurity seed financing raised by

AI, AI Funding & Investment, Robotics

Diden Robotics Seeks $65M in New Funding to Scale Industrial Robot Production

Insider Brief South Korean robotics startup Diden Robotics is seeking to raise about $65 million in a new funding round as it prepares to mass-produce