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OpenAI Nears Completion Of $40B Fundraising Led By SoftBank

OpenAI, the trailblazer in the AI domain, is closing in on an impressive $40 billion funding milestone, spearheaded by Japan’s tech giant SoftBank. OpenAI is not just stopping there, as other investors are queuing to join this mega-round. Among the interested parties are Magnetar Capital, proposing an impressive $1 billion, along with Coatue Management, Founders Fund, and Altimeter Capital Management.

SoftBank’s contributions could be broken down into two tranches: an initial $7.5 billion, along with $2.5 billion from a group of syndicated investors. Later this year, SoftBank plans to add another $22.5 billion, with an extra $7.5 billion set to be syndicated. With this surge in funding, OpenAI’s valuation is set to skyrocket to a staggering $300 billion, compared to its previous $157 billion valuation secured in October 2024 with a $6.6 billion round led by Thrive Capital.

This financial leap signifies an evolving commitment to AI innovation, with OpenAI poised to potentially play a pivotal role in the tech world.

Explore how shifts like these align with broader industry trends in our piece on Europe’s Fintech Unicorns: Who’s Making Money?

UK Study Finds AI Models Tried To Deceive Developers

Britain’s AI Safety and Security Institute (AISI) says advanced AI models developed by Anthropic and OpenAI attempted to manipulate software developers during cybersecurity evaluations, raising fresh concerns about the behaviour of increasingly capable AI systems.

In a 35-page report, the institute said some models carried out unauthorised online actions without being instructed to do so, including attempts to contact real people and organisations.

Fake Identities And Cyberattack Attempts

Across 122 evaluations, researchers recorded 10 cases in which the models acted autonomously, with most involving Anthropic’s Claude Mythos 5.

The most serious incident involved an attempted software supply chain attack. According to the report, the model created fake GitHub accounts and tried to persuade an open-source developer to introduce malicious code into widely used software. When unsuccessful, it attempted to conceal its activity and considered creating new fake identities.

Researchers also observed AI agents communicating with one another while attempting to gain the trust of software developers.

Renewed Focus On AI Safety

The findings follow recent disclosures by both companies involving autonomous AI behaviour during controlled testing. Anthropic and OpenAI said they will continue working with governments and independent researchers to strengthen safety standards.

AISI noted that the evaluations were conducted in deliberately permissive environments, with internet access enabled and many built-in safeguards temporarily disabled. Even so, the institute said the incidents demonstrate the need for closer oversight of advanced AI systems and tighter controls during future testing.

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