Sam Altman’s OpenAI has raised $40 billion in a funding round led by investment giant SoftBank as it looks to stave off competition like Elon Musk’s xAI and China-based DeepSeek.

OpenAI raises a record-breaking $40B at a $300B valuation, led by SoftBank, to fuel AGI research, expand infrastructure, and ...

The investment was the highest ever raised for a startup and places OpenAI at a $300-billion valuation, tied with TikTok ...

ByteDance co-founder Zhang Yiming has seen a surge of about $14 billion to his fortune since the beginning of 2025.

Nine of the 20 biggest wealth gainers this year are Chinese, while 15 of the biggest losers are from the US, signaling a sea ...

A set of popular apps helped China’s ByteDance develop a key component of advanced artificial intelligence: information on how a billion people use the internet. By Meaghan Tobin Reporting from ...

OpenAI on Monday announced the close of its $40 billion financing, the most money raised in a single round by a private tech ...

In the past few years, we have seen many private tech deals as many startups attracted many investors and made deals worth ...

Following a $40 billion funding round and a rejected $97.4 billion takeover bid from Elon Musk, OpenAI is considering ...

ByteDance (BDNCE) has seen a 63% surge in revenue from international operations to $39B in 2024, The Information reported Wednesday, citing a person with knowledge of the company’s financials ...