The AI industry has seen significant developments recently, with major players making substantial investments and advancements. SoftBank is seeking a $16.5 billion loan for its AI project, Stargate, which aims to build big AI-focused data centers in the US. Meanwhile, Alibaba is planning to release an upgraded version of its AI model, Qwen 3, to compete with rivals like OpenAI. OpenAI has closed a record-breaking $40 billion funding round, led by SoftBank, valuing the company at $300 billion. The funding will be used to advance AI research, expand computational infrastructure, and enhance OpenAI's tools. Several AI stocks, including AppLovin Corp, Amphenol Corp, Broadcom Inc, Arista Networks Inc, and Marvell Technology Inc, are expected to show strong growth potential in Q2.
SoftBank Seeks $16 Billion Loan for AI Project
SoftBank is seeking a $16.5 billion loan for its AI project called Stargate. The company plans to use the loan to launch a $500 billion AI infrastructure effort in the US. SoftBank CEO Masayoshi Son announced plans to invest in the US and create 100,000 jobs focused on AI. The company is working with partners on the Stargate project, which aims to build big AI-focused data centers in the US. The first center is planned for Abilene, Texas.
Alibaba to Release New AI Model
Alibaba Group Holding Ltd is planning to release an upgraded version of its flagship AI model, Qwen 3, as soon as this month. The new offering may arrive later in April, and it will compete with rivals including OpenAI and DeepSeek. Alibaba's new AI model is expected to heat up the competition in the AI market.
OpenAI Closes $40 Billion Funding Round
OpenAI has closed a $40 billion funding round, the largest private tech deal on record. The deal values the company at $300 billion, including new capital. The round includes $30 billion from SoftBank and $10 billion from a syndicate of investors. OpenAI plans to use the fresh capital to push the frontiers of AI research and scale its compute infrastructure.
OpenAI Finalizes $40 Billion Funding
OpenAI has finalized a funding round that will bring in $40 billion from SoftBank and other investors at a $300 billion valuation. The financing round is the largest of all time, according to data compiled by PitchBook. OpenAI plans to use the funding to advance AI research, expand computational infrastructure, and enhance its tools.
OpenAI to Raise $40 Billion in New Funding
OpenAI will raise up to $40 billion in a new funding round led by SoftBank Group at a $300 billion valuation. The funding will be used to advance AI research, expand computational infrastructure, and enhance OpenAI's tools. SoftBank plans to syndicate out $10 billion of its total investment to other co-investors.
OpenAI Secures $40 Billion Funding
OpenAI has secured a monumental $40 billion funding round led by SoftBank, catapulting its valuation to $300 billion. The funding will be used to push the frontiers of AI research, scale compute infrastructure, and deliver powerful tools for the 500 million people who use ChatGPT every week. OpenAI plans to use the funding to build servers and infrastructure to keep up with demand.
OpenAI to Raise $40 Billion in SoftBank-Led Round
OpenAI will raise up to $40 billion in a new funding round led by SoftBank Group at a $300 billion valuation. The funding will be used to advance AI research, expand computational infrastructure, and enhance OpenAI's tools. SoftBank plans to syndicate out $10 billion of its total investment to other co-investors.
OpenAI Announces New Funding
OpenAI has announced new funding of $40 billion at a $300 billion post-money valuation. The funding will be used to push the frontiers of AI research, scale compute infrastructure, and deliver powerful tools for the 500 million people who use ChatGPT every week. OpenAI is working in partnership with SoftBank Group to achieve its goals.
5 AI Stocks to Invest in Q2
Several AI stocks have provided negative returns in Q1, but some stocks look promising for the rest of 2025. AppLovin Corp, Amphenol Corp, Broadcom Inc, Arista Networks Inc, and Marvell Technology Inc are five large-cap stocks with strong growth potential. These stocks have seen positive earnings estimate revisions and have enormous short-term price upside potential.
Key Takeaways
- SoftBank is seeking a $16.5 billion loan for its AI project, Stargate, to build big AI-focused data centers in the US.
- Alibaba is planning to release an upgraded version of its AI model, Qwen 3, to compete with rivals like OpenAI.
- OpenAI has closed a $40 billion funding round, led by SoftBank, valuing the company at $300 billion.
- The funding will be used to advance AI research, expand computational infrastructure, and enhance OpenAI's tools.
- OpenAI plans to use the funding to build servers and infrastructure to keep up with demand.
- SoftBank plans to syndicate out $10 billion of its total investment to other co-investors.
- The Stargate project aims to create 100,000 jobs focused on AI in the US.
- Alibaba's new AI model is expected to heat up the competition in the AI market.
- Several AI stocks, including AppLovin Corp, Amphenol Corp, Broadcom Inc, Arista Networks Inc, and Marvell Technology Inc, are expected to show strong growth potential in Q2.
- OpenAI's funding round is the largest private tech deal on record, according to data compiled by PitchBook.
Sources
- SoftBank Reportedly Aims to Borrow $16 Billion for AI ‘Stargate’
- Alibaba Preparing for Flagship AI Model Release as Soon as April
- OpenAI closes $40 billion funding round, largest private tech deal on record
- OpenAI Finalizes $40 Billion Funding at $300 Billion Valuation
- OpenAI to Raise $40 Billion in SoftBank-Led Round to Boost AI Efforts
- $40B into the furnace: As OpenAI adds a million users an hour, the race for enterprise AI dominance hits a new gear
- OpenAI to raise $40 billion in SoftBank-led new funding round
- New funding to build towards AGI
- Invest in These 5 AI Wealth Destroyers of Q1 Set for a Big Jump in Q2