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- OpenAI said to raise $40B at $300B in new funding round
OpenAI said to raise $40B at $300B in new funding round

Top stories today:
- OpenAI said to raise $40B at $300B in new funding round
- OpenAIâs o3 comes out today: chief global affairs officer
- Ai2 brings TĂŒlu 3 405B open-weight model, challenging DeepSeek V3
- Trumpâs DOJ sues HPE to block $14B deal to buy Juniper Networks
- Microsoft makes OpenAIâs o1 reasoning model free for all Copilot users
0. Data and calendar

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All times are ET.
Listen to our AI-generated podcast summarizing todayâs newsletter (beware of hallucinations):
1. OpenAI said to raise $40B at $300B in new funding round

SoftBank is said to lead the round with a $15-$25B investment.
$340B: initial negotiations.
Sam Altman urged D.C. officials on Thu to support their $100B Stargate project.
3. OpenAIâs o3 comes out today: chief global affairs officer
âWe as the U.S., because of OpenAI, continue to maintain a lead. We need the infrastructure because infrastructure is destiny here if the U.S. wants to win this race.â
4. Ai2 releases TĂŒlu 3 405B open-weight model, challenging DeepSeek V3, OpenAIâs GPT-4o
TĂŒlu 3 405B has outperformed DeepSeek V3, GPT-4o, and Llama 3.1 405B Instruct on benchmarks including PopQA, GSM8K, and HumanEval, per Ai2:

