TechFlow news — On March 27, according to Bloomberg, citing sources familiar with the matter, OpenAI is finalizing a $40 billion funding round led by SoftBank Group Corp., with investors including Magnetar Capital, Coatue Management, Founders Fund, and Altimeter Capital Management, who are currently in discussions to participate.
Multiple anonymous sources indicated that Magnetar Capital, a hedge fund based in Evanston, Illinois, could contribute up to $1 billion in investment.




