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OpenAI may have billions of dollars in the bank. But it\u2019s gearing up to raise billions more, according to a report from The Wall Street Journal<\/a>. <\/p>\n Per The WSJ, OpenAI is in talks to secure up to $40 billion in a funding round that would value the startup at $340 billion. SoftBank would lead the round, pouring between $15 billion to $25 billion into the ChatGPT maker, according to The WSJ.<\/p>\n Should OpenAI successfully close the round, it\u2019d be a remarkable feat for the startup, which was valued at $157 billion in October<\/a>. The WSJ says that OpenAI would use the capital to fund its money-losing business operations and fulfill its commitment to Stargate, its ambitious project to build AI data centers across the U.S<\/a>.<\/p>\n In 2024, OpenAI reportedly lost<\/a> around $5 billion against\u00a0revenues\u00a0of $3.7 billion. The losses could mount. In conjunction with partners including SoftBank, OpenAI aims to contribute billions of dollars to Stargate<\/a> to start.<\/p>\n<\/div>\n