SoftBank(US:SFTBY) 量子位·2025-07-24 07:28Core Viewpoint - OpenAI is seeking an additional $40 billion in funding to support its ambitious Stargate project, which aims to establish a massive AI infrastructure across the U.S. [3][16] Group 1: Funding and Financial Situation - OpenAI is currently in the process of raising $30 billion, following an initial $10 billion investment led by SoftBank [5][16]. - The total investment for the Stargate project could reach $500 billion, making it one of the largest AI infrastructure projects in history [4][16]. - OpenAI has completed 11 funding rounds, accumulating approximately $57.9 billion, with major investors including Microsoft and Nvidia [32]. Group 2: Project Development and Partnerships - OpenAI has signed a $30 billion data center service agreement with Oracle, which will provide 4.5 billion watts of computing capacity [6][22]. - The project has already established a data center in Texas with a capacity of 500 million watts, bringing the total capacity to over 5 billion watts [23]. - The partnership with Oracle excludes SoftBank, which has raised concerns about the project's future funding [20][26]. Group 3: Internal and External Challenges - OpenAI is facing internal conflicts with SoftBank regarding project scale and site selection, leading to a potential reduction in investment [19][26]. - The company is currently operating at a loss of $5 billion annually, despite generating $10 billion in revenue, and is not expected to become profitable until 2029 [27][28]. - There is increasing competition from other AI models, such as Gemini and Deepseek, which are catching up to OpenAI in various performance metrics [35].