{"id":917349,"date":"2025-03-28T07:42:45","date_gmt":"2025-03-28T02:12:45","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=917349"},"modified":"2025-03-28T08:24:43","modified_gmt":"2025-03-28T02:54:43","slug":"openai-close-to-finalising-40-bn-softbank-led-funding-at-300-bn-valuation","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2025\/03\/28\/openai-close-to-finalising-40-bn-softbank-led-funding-at-300-bn-valuation\/","title":{"rendered":"OpenAI close to finalising $40 bn SoftBank-led funding at $300 bn valuation"},"content":{"rendered":"<p>OpenAI is close to finalising a $40 billion funding round led by SoftBank Group Corp. \u2014 with investors including Magnetar Capital, Coatue Management, Founders Fund and Altimeter Capital Management in talks to participate, according to people familiar with the matter.  <\/p>\n<p>Magnetar Capital \u2014 an Evanston, Illinois-based hedge fund \u2014 could contribute up to $1 billion, according to multiple people, all of whom asked not to be identified because the information is private.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>OpenAI is close to finalising a $40 billion funding round led by SoftBank Group Corp. \u2014 with investors including Magnetar Capital, Coatue Management, Founders Fund and Altimeter Capital Management in talks to participate, according to people familiar with the matter. Magnetar Capital \u2014 an Evanston, Illinois-based hedge fund \u2014 could contribute up to $1 billion, according to multiple people, all of whom asked not to be identified because the information is private.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[9,34,4],"tags":[],"class_list":["post-917349","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-it-2-business-standard-newspapers","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/917349","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=917349"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/917349\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=917349"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=917349"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=917349"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}