# SoftBank Discusses Investing Hundreds of Millions in OpenAI Round By John Kim Canonical URL: https://www.tokenpost.com/news/business/51466 Published: 2026-11-08T08:16:36.000Z Updated: 2026-11-08T08:16:36.000Z Section: Business > OpenAI is seeking up to $20 billion at a $1.25 trillion valuation, below its earlier target of as much as $30 billion. SoftBank is weighing an investment of several hundred million dollars in OpenAI’s latest financing, a smaller potential contribution than its past commitments as the AI company seeks up to $20 billion at a $1.25 trillion valuation. OpenAI is seeking the funds in two parts. In September, the company had targeted as much as $30 billion at a valuation of up to $1.5 trillion. Its current fundraising target and valuation are lower. An investor group from the United Arab Emirates that includes MGX is expected to provide the largest commitment, in the single-digit billions. Coatue has also discussed an investment similar in size to SoftBank’s potential contribution. SoftBank has invested nearly $65 billion in OpenAI and holds an estimated 13% stake. The companies are also leading Stargate, a U.S. AI data center project. SoftBank is responsible for financing the project, while OpenAI oversees its operations. The latest talks add detail to TokenPost’s earlier coverage of [SoftBank and MGX discussing participation in OpenAI’s financing round](). OpenAI expects to complete the broader fundraising in the coming weeks. ## Links in this article - [SoftBank and MGX discussing participation in OpenAI’s financing round](https://www.tokenpost.com/news/business/35373)