
AI tools for fact-checking AI-driven deepfake video, audio, images and text: buff.ly/3UNqgAm
Heather Barthell
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AI tools for fact-checking AI-driven deepfake video, audio, images and text: buff.ly/3UNqgAm







I have previously posted several times regarding OpenAI’s commitments and financial liabilities. Now, let us examine the current status of its fundraising efforts. On March 31, immediately after finalizing a Series X funding round agreement with SoftBank and a group of co-investors, OpenAI rushed to issue a press release announcing the completion of a $40 billion Series Round, calling it the largest private technology transaction on record. This statement, however, was not entirely accurate. As of March 31, SoftBank, through its Vision Fund 2 (SVF2), committed $7.5 billion, with an additional $2.5 billion provided by co-investors. All of these funds were directed into OpenAI Global, the company’s for-profit subsidiary. Accordingly, upon completion of the syndication, OpenAI had secured only $10 billion, not $40 billion as publicized. The remaining $30 billion was expected to be raised in a second tranche, subject to specific conditions outlined in the Series Round agreement with SoftBank and its co-investors. Under those terms, SoftBank may increase its commitment by up to $22.5 billion in Q4 2025 or Q1 2026, bringing its total potential investment to $30 billion. The balance of $7.5 billion required to reach the full $40 billion Series Round would need to be contributed by additional co-investors. This explains why, notwithstanding the March announcement, OpenAI continues, albeit quietly to seek additional capital from both existing and new investors. As of the end of July, the company had raised a further $3.3 billion in “excess”, which, if applied to the round, could bring the total to $43.3 billion. However, uncertainty remains regarding whether the full $7.5 billion from co-investors and the additional SoftBank commitments will ultimately be realized, particularly given that some investors are reportedly pressing for profit participation rights and a clear pathway to an eventual IPO. Thus, if we look beyond the press releases, the reality is that over the past nine months, OpenAI has raised “only” $13.3 billion in committed funds. With Q4 approaching and the second tranche of this Series Round still pending, the larger question remains: how will OpenAI finance Project Stargate, which may require as much as $500 billion, along with their Cloud Agreement commitments with Oracle and CoreWeave totaling over $330 billion, when even under optimistic assumptions, the current round would amount to just $43.3 billion by Q1 2026? This is a serious question, and the answer is far from clear.




DIDDY DOCKETS: On Sean Combs Judge Denies Motion, Order Here, So Oct 3 Sentencing US Asking for 135 Months, He Asks for 14 Months, Time Served - Inner City Press story: innercitypress.com/sdnytrial53com… page Order on Patreon here patreon.com/posts/diddy-do…


