Over the past two years, OpenAI has begun a funding boom of unprecedented scale. ChatGPT developer OpenAI has raised a total of about 180 billion US dollars, nearly two-thirds of which was obtained this year. Today, in a new round of fund-raising before the IPO, it is facing headwinds, and this week's market turmoil has only worsened. Some core investors will invest less in OpenAI in this round than in previous rounds. OpenAI had to lower its funding target for this round. The company initially planned to raise as much as $30 billion with a maximum valuation of $1.5 trillion in September; now the funding scale has been reduced by at least one-third, and the valuation has been lowered to $1.25 trillion. Investor pattern in this round: UAE investment groups, including MGX, are expected to be the largest investors in this round. A person familiar with the matter revealed to DealBook that the consortium is committed to investing billions of dollars. Other old investors cut back on their investments. In previous financing, Japan's SoftBank was one of the most active investors in OpenAI. According to people familiar with the matter, SoftBank only invested hundreds of millions of dollars in this round of negotiations. SoftBank's investment amount has shrunk drastically, representing a clear shift in its investment strategy. To date, SoftBank has invested a total of about $65 billion in OpenAI, including: In March of this year, it invested $30 billion in OpenAI's $122 billion funding round. In March 2025, $30 billion was invested in OpenAI's $40 billion funding round. Two people familiar with the matter told DealBook that Coatue, an established investor, is in talks to invest hundreds of millions of dollars in this round. OpenAI still expects this funding round to be completed within the next few weeks. This round of plans is to raise up to $20 billion in two batches; a source revealed that the deadline for the first batch of funding is this Friday.

Zhitongcaijing · 1d ago
Over the past two years, OpenAI has begun a funding boom of unprecedented scale. ChatGPT developer OpenAI has raised a total of about 180 billion US dollars, nearly two-thirds of which was obtained this year. Today, in a new round of fund-raising before the IPO, it is facing headwinds, and this week's market turmoil has only worsened. Some core investors will invest less in OpenAI in this round than in previous rounds. OpenAI had to lower its funding target for this round. The company initially planned to raise as much as $30 billion with a maximum valuation of $1.5 trillion in September; now the funding scale has been reduced by at least one-third, and the valuation has been lowered to $1.25 trillion. Investor pattern in this round: UAE investment groups, including MGX, are expected to be the largest investors in this round. A person familiar with the matter revealed to DealBook that the consortium is committed to investing billions of dollars. Other old investors cut back on their investments. In previous financing, Japan's SoftBank was one of the most active investors in OpenAI. According to people familiar with the matter, SoftBank only invested hundreds of millions of dollars in this round of negotiations. SoftBank's investment amount has shrunk drastically, representing a clear shift in its investment strategy. To date, SoftBank has invested a total of about $65 billion in OpenAI, including: In March of this year, it invested $30 billion in OpenAI's $122 billion funding round. In March 2025, $30 billion was invested in OpenAI's $40 billion funding round. Two people familiar with the matter told DealBook that Coatue, an established investor, is in talks to invest hundreds of millions of dollars in this round. OpenAI still expects this funding round to be completed within the next few weeks. This round of plans is to raise up to $20 billion in two batches; a source revealed that the deadline for the first batch of funding is this Friday.