OpenAI closes largest private tech deal on record

OpenAI on Monday 31st March 2025 announced it had closed its $40 billion funding round, the most ever raised by a private tech company.

The deal values OpenAI at $300 billion, including the new capital.

The round includes $30 billion from SoftBank and $10 billion from a syndicate of investors.

OpenAI is now more valuable than Chevron.

The generative AI market is projected to exceed $1 trillion in revenue within the next decade. Companies such as Google, Amazon, Anthropic, and Perplexity are rapidly unveiling new products and features as competition to develop ‘AI agents’ intensifies.

The future is AI!

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