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title: OpenAI to raise $40B at $340B valuation, eyes $12.7B revenue
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The artificial intelligence pioneer is reportedly nearing the completion of a $40 billion funding round led by SoftBank Group that is expected to include participation from prominent investors such as Magnetar Capital, Coatue Management, Founders Fund, and Altimeter Capital Management.

| View in browser THE LATEST NEWS ON MERGERS & ACQUISITIONS, CAPITAL MARKETS AND TECH TRENDS PHOTO: JERNEJ FURMAN OpenAI to raise $40B at $340B valuation, eyes $12.7B revenue The artificial intelligence pioneer is reportedly nearing the completion of a $40 billion funding round led by SoftBank Group that is expected to include participation from prominent investors such as Magnetar Capital, Coatue Management, Founders Fund, and Altimeter Capital Management. Read here Insight Partners may sell PDI Technologies for $4.5B The New York-based private equity and venture capital firm has engaged an adviser to gauge potential interest in the provider of software to convenience stores headquartered in Georgia, according to a report. Read here PHOTO: PDI GameStop raising $1.3B via debt to buy bitcoin The Texas-based video game retailer is securing funding through convertible senior notes that will have a five-year maturity, adding its name to the list of firms issuing debt to raise funds for bitcoin acquisition. Read here PHOTO: BENTLEYMALL NEWS WORTH NOTING NEWS WORTH NOTING Nvidia is reportedly in talks to acquire Lepton AI The California-headquartered semiconductor and artificial intelligence giant is nearing a deal to buy the company that rents out servers that are powered by Nvidia’s AI chips, according to reports. Read here PHOTO: WILL BUCKNER DEALS ROUNDUP CoStar raises Domain bid to $1.8B to win access to books Mercury lands $300M Series C, doubles valuation to $3.5B OpenAI adopts Anthropic’s standard for connecting AI to data Also secures $105M from Eclipse for electric micromobility Underdog snags $70M Series C round at $1.225B pre-money Epicrispr Biotechnologies raises $68M in Series B funding GetReal Security completes $17.5M Series A funding round Jolly closes $16.5M in Series A for workforce optimization Brisk Teaching takes in $15M in Series A financing round XGS Energy receives additional $13M in new financing INTERNATIONAL MARKETS Buyout firms circle $5.4B Nestle Water business PAI Partners, Bain Capital, Clayton Dubilier & Rice, and KKR are among the companies considering bidding for the Swiss food and beverage group’s hydration solutions unit. Read here Excelerate Energy eyes $1B deal for New Fortress unit The liquefied natural gas infrastructure provider is close to acquiring the Jamaica business of its smaller rival, according to people familiar with the matter. Read here Asker Healthcare jumps in Europe’s biggest 2025 IPO Shares in the Swedish medical products provider rose above their initial public offering price on their first day of trading on the Nasdaq Stockholm exchange. Read here India to double investment limit for foreign individuals The country's central bank is set to increase to 10% a cap on investment by foreign investors in listed companies, as it aims to boost capital inflows. Read here Know someone who would benefit from the Cyndx platform?   Join our Referral Program and be compensated! SUBMIT A NAME NOW Join Our LinkedIn Community Questions? Please email us at marketing@cyndx.com.  Did a friend forward you this email? Subscribe here. Cyndx Networks LLC, 525 Okeechobee Blvd. #840, West Palm Beach, Florida 33401 Unsubscribe Manage preferences |
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