OpenAI says it raised $40 billion at valuation of $300 billion

OpenAI on Monday said it raised $40 billion in a new funding round that valued the ChatGPT maker at $300 billion, the biggest capital-raising session ever for a startup.

The infusion of cash comes in a partnership with Japanese investment giant SoftBank Group and “enables us to push the frontiers of AI research even further,” the San Francisco-based company said in a post on its website.

“Their support will help us continue building AI systems that drive scientific discovery, enable personalized education, enhance human creativity, and pave the way…