surprisetalkOpenAI closes funding round at an $852B valuation
https://openai.com/index/accelerating-the-next-phase-ai
https://www.cnbc.com/2026/03/31/openai-funding-round-ipo.html
No, they didn't raise $122B as the HN title implies. A big chunk of that $122B is a "maybe" that depends on various things that need to happen in the future.
Oh, man... I can't wait to see where this is going. Might not be pretty after all.
Their ~$50 million total Alibaba investment turned into ~$70 billion. As of two years ago they were still liquidating out of it.
January 26, 2024 - "Japanese investment holding firm SoftBank Group Corp has largely cleared its ownership in e-commerce giant Alibaba Group Holding, concluding one of the most successful deals in China's internet industry and a holding that spanned about 23 years."
"SoftBank, which invested US$20 million into Alibaba when it was still a start-up in 2000, said in a corporate filing on Thursday that it was set to book a gain of 1.26 trillion yen (US$8.5 billion) - about 425 times the value of its initial outlay - for the Tokyo-based firm's 2024 financial year after divesting its [remaining] shares via subsidiary Skybridge."
https://finance.yahoo.com/news/japans-softbank-concludes-run...
Japan's SoftBank concludes run as Alibaba's biggest shareholder, drawing to a close one of the most successful internet deals in China
Japanese investment holding firm SoftBank Group Corp has largely cleared its ownership in e-commerce giant Alibaba Group Holding, concluding one of the most ...