OpenAI secured a $40 billion funding round, with Jason Harrison joining ELD Asset Management.
1 report, 1 independent
Updated Aug 8
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What happened
OpenAI secured a $40 billion funding round, with Jason Harrison joining ELD Asset Management.
Who's involved
What this event is mainly aboutKeep exploring
The entities involved
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SoftBank Group
Japanese company
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OpenAI
American artificial intelligence research organization
- Leaders call for international cooperation on AI risks, tech leaders call for oversight, and the CMA proposes stricter search engine choice requirements.
- Experts, including Dario Amodei at Cornell University, warned about the power and limits of AI, specifically citing risks of AI taking control of the internet.
Related events
- OpenAI donated $5 million to Trump's super PAC, MAGA Inc.
- Oracle built a flagship campus in Abilene after contracting with OpenAI, with support from Larry Ellison.
- SoftBank Group holds a stake in OpenAI and is involved in potential IPO funding options, supported by financial research.
- FT reports on OpenAI's financial projections and cash burn, while Altman discusses company strategy and future funding needs.
- OpenAI CEO met with Bernie Sanders to discuss public equity in AI, while Trump discussed partnerships and his administration secured a stake in Intel.
Coverage
Newest first; wire copies grouped- PR NewswireELD Asset Management: M&A Hits Three-Year High SINGAPORE, Aug. 7, 2025 /PRNewswire/ -- Global M&A Surges to $2.6 Trillion as Artificial Intelligence, Cybersecurity, and Strategic Consolidation Reshap