Magnetar Capital, already poised for a big win off the AI boom, is in talks to take part in a $40 billion funding round for the AI developer.

The AI developer’s financing round is the largest of all time, according to data compiled by research firm PitchBook.

OpenAI nears a historic $40 billion funding round led by SoftBank, pushing its valuation to $300 billion. | One of India's ...

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OpenAI, ChatGPT's owner, is about to close its latest round of funding, led by SoftBank Group, according to Bloomberg. Valued ...

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OpenAI, the artificial intelligence company behind ChatGPT, said it has finalised a funding round that will bring in US$40 ...

The catalyst behind the rally was unclear, but it comes after a rocky start for the company backed by Evanston hedge fund Magnetar Capital.

Other investors including Magnetar Capital and Founders Fund have also been in talks to participate in the round. Magnetar Capital — an Evanston, Ill.-based hedge fund — could contribute up to ...

This massive potential investment in OpenAI represents a significant milestone in the AI industry’s financial landscape. If ...

The AI race heats up as OpenAI gears up for what could be the largest funding round in history, aiming to raise $40 billion ...

The AI developer’s financing round is the largest of all time, according to data compiled by research firm PitchBook. The deal values the company at almost double its previous valuation of $157 ...