OpenAI closes record $122 billion funding round at $852 billion valuation ahead of expected IPO

OpenAI Adds Another $12 Billion to Latest Funding Round

The start-up has raised a total of $122 billion in a funding round that values the company at $730 billion. OpenAI said on Tuesday that it had raised an additional $12 billion as part of its latest funding round, bringing the total of this new investment round to an eye-popping $122 billion. The round values OpenAI at $730 billion, the same as when the company announced the deal in February. With the deal, OpenAI cemented its place as one of the most valuable private companies in the world alongside SpaceX, the rocket company founded by Elon Musk, and ByteDance, the maker of TikTok. "The fastest way to widen the benefits of A.I. is to put useful intelligence in people's hands early and let that access compound globally," the company said in a blog post. It added, "This funding gives us the resources to continue to lead at the scale this moment demands." The Japanese conglomerate SoftBank led the round along with the venture firms Andreessen Horowitz and D.E. Shaw Ventures, the United Arab Emirates investment firm MGX, and other investors. SoftBank and the chip maker Nvidia, which had both previously invested in OpenAI, each contributed $30 billion. Amazon, a new investor in OpenAI, pumped $50 billion into the artificial intelligence start-up. OpenAI faces growing competition from A.I. start-ups like Anthropic and tech giants like Google, as both businesses and consumers adopt A.I. tools in increasingly large numbers. OpenAI says its chatbot, ChatGPT, is now used by over 900 million people each week. On Tuesday, the company said it was pulling in over $2 billion a month in revenues. But OpenAI is still unprofitable and needs enormous amounts of money to pay for computing power, A.I. talent and other needs. The company pulled in revenue totaling more than $13 billion in 2025, but expects to spend $115 billion over the next four years. The start-up, based in San Francisco, hopes to make an initial public offering as soon as the end of this year, but it must first work to balance its books so that it is more attractive to Wall Street investors. The $12 billion added to the company's latest funding round came from a wide range of investors from across the globe. The company said that for the first time, it had extended participation in a funding round through banks, raising over $3 billion from individual investors. (The New York Times sued OpenAI and Microsoft in 2023 for copyright infringement of news content related to A.I. systems. The two companies have denied those claims.)

OpenAI closes $122 billion funding round, biggest ever in Silicon Valley

OpenAI closed a $122 billion funding round at a post-money valuation of $852 billion, the largest funding round in Silicon Valley history, the company said. The round was anchored by strategic partners Amazon $AMZN, Nvidia $NVDA, and SoftBank, with continued participation from Microsoft $MSFT. SoftBank co-led the round alongside Andreessen Horowitz, D. E. Shaw Ventures, MGX, TPG, and accounts advised by T. Rowe Price $TROW Associates. A broader group of institutional investors also participated, including BlackRock $BLK, Blackstone, Sequoia Capital, Thrive Capital, and Temasek, among others. The round grew from $110 billion in commitments that OpenAI announced in February. The additional $12 billion came from a wider pool of investors, including more than $3 billion raised from individual investors through bank channels -- the first time OpenAI has extended participation that way. OpenAI also said it will be included in several exchange-traded funds managed by ARK Invest. OpenAI said it is generating $2 billion in revenue per month. The company reported $13.1 billion in revenue last year and remains unprofitable, according to CNBC. ChatGPT has more than 900 million weekly active users and more than 50 million subscribers, OpenAI said. Enterprise customers now account for more than 40% of revenue and are on track to reach parity with consumer revenue by the end of 2026. The company also expanded its revolving credit facility to approximately $4.7 billion, supported by a syndicate that includes JPMorgan $JPM Chase, Citi, Goldman Sachs $GS, Morgan Stanley $MS, and Wells Fargo $WFC, among others. The facility remains undrawn. The funding round comes as OpenAI faces intensifying competition. The company recently narrowed its product focus toward coding tools and enterprise customers after rival Anthropic built a dominant position among developers and business customers, driven by its Claude Code offering. OpenAI shut down its standalone Sora video app and plans to fold video capabilities into ChatGPT directly. Its refreshed Codex coding agent now serves more than 2 million weekly users, up fivefold over the past three months. OpenAI also said it recently launched GPT-5.4, described as its most capable model, and that its APIs process more than 15 billion tokens per minute. The company said it is building a unified AI application that would bring together ChatGPT, Codex, browsing, and other capabilities into a single interface. The Wall Street Journal reported that an IPO is expected by the end of the year.

OpenAI raises $122 billion in boosted funding round

San Francisco (United States) (AFP) - OpenAI on Tuesday said that the startup was valued at $852 billion in a freshly closed funding round that raised $122 billion. The eye-watering level of funding came in higher than originally projected, reflecting the surging costs of computing power and arriving amid lingering questions about whether OpenAI and other AI companies can generate sufficient revenue to cover expenses. "The capital being deployed today is helping build the infrastructure layer for intelligence itself," OpenAI said in a blog post. "Over time, that value will flow back into the economy, to companies, to communities, and increasingly to individuals." The ChatGPT-maker said that its revenue rate of $2 billion monthly is quickly growing. The funding round included a diverse set of partners including Amazon, Microsoft, Nvidia, and Softbank, according to OpenAI. In an unusual move, some $3 billion was reportedly raised from individual investors. ChatGPT claims the top position in consumer AI, with more than 900 million weekly active users and some 50 million subscribers. Use of ChatGPT's online search engine has tripled over the course of a year, according to OpenAI. "These are not just growth milestones -- they show that frontier AI is becoming part of everyday life for people around the world," the San Francisco-based startup said in the post. The company in February began rolling out advertising for its non-premium users in a bid to bring in more revenue. OpenAI also announced that it is building a "superapp" that will combine ChatGPT, internet browsing, a Codex coding tool, and agentic capabilities that allow digital assistants to independently tend to tasks. The massive funding round comes with anticipation that OpenAI is planning to become a publicly traded company this year as competition intesifies in the AI sector. Arch-rival Anthropic, founded by former OpenAI employees, continues to gain ground and grab headlines for its well-regarded Claude AI models. Anthropic earlier this year secured a $30 billion funding round. Google's AI model Gemini has emerged as another potent competitor, with Elon Musk's xAI also attracting investment and users.

OpenAI just closed on a record-breaking $122B funding round that brings its value to $852B - SiliconANGLE

OpenAI just closed on a record-breaking $122B funding round that brings its value to $852B OpenAI Group PBC showed that it's still the darling of artificial intelligence investors today, announcing it has raised $122 billion at an $852 billion valuation, the largest funding round in Silicon Valley's history. The round, which comes at a time when the company is believed to be gearing up for an initial public offering, will enable it to continue spending enormous amounts of money on AI chips and data center infrastructure and hiring the industry's top talent. SoftBank Group Corp. led the round together with Andreessen Horowitz, D.E. Shaw Ventures, MGX, TPG and T. Rowe Price Associates, OpenAI said. Others, including previous backers such as Amazon.com Inc., Nvidia Corp. and Microsoft Corp., participated in the round too. Almost $3 billion came from individual investors through bank channels, the company said. In addition, OpenAI will now be included in a number of exchange-traded funds operated by ARK Investment Management LLC, which will enable more private investors to gain exposure to its stock ahead of the IPO. OpenAI will gain access to further funds from a number of global banks too, after expanding its revolving credit facility to around $4.7 billion, it said. That facility has not yet been tapped into, and is likely there to increase the company's financial flexibility as it ramps up its spending on infrastructure. Following this round, Chief Executive Sam Altman (pictured) will find himself under more pressure than ever to justify the company's enormous valuation, and he appears to be trying to do that already with some of the language used in today's announcement. The press release provided updates on the company's latest financials, saying that it's now generating in excess of $2 billion in sales per month. "At this stage, we are growing revenue four-times faster than the companies who defined the internet and mobile eras, including Alphabet and Meta," the company said. OpenAI also provided an update on users. It said it now counts more than 900 million weekly active users of its consumer-based applications. It added that usage of ChatGPT's search functionality has tripled in the last year, making inroads into Google LLC's territory. Moreover, its subscriber base has grown beyond 50 million, and its new ad business is generating over $100 million in annual recurring revenue, despite only launching six weeks ago. That's especially encouraging, as ads enable the company to generate revenue from its large, non-paying user base, and is the same model that generates billions of dollars per quarter for the likes of Google, Amazon, Meta Platforms Inc. and other technology titans. The company claimed to be seeing strong momentum on the enterprise side of its business. It said sales to businesses now account for 40% of its total revenue, up from just 30% a year ago. It's on track to "reach parity with consumer by the end of 2026," the company added. That's an important detail, because OpenAI has made a lot of noise about switching up its strategy to target enterprise customers, similar to what its rival Anthropic PBC is doing. The company recently announced plans to create a new kind of "superapp" that's focused on developers and business users, which will incorporate ChatGPT and its agentic offerings. It has also decided to shut down the much-hyped but consumer-focused Sora video generation application, so it can focus its investments on tools that enable workers to increase their productivity, especially coding agents. "AI is driving productivity gains, accelerating scientific discovery and expanding what people and organizations can build," the company said. "This funding gives us the resources to continue to lead at the scale this moment demands."

OpenAI lands $122 billion funding round ahead of expected IPO

OpenAI has closed a deal to raise $122 billion at an $852 billion valuation, marking its largest funding round to date. This funding aims to bolster OpenAI's expenditures on artificial intelligence chips, data center expansion, and recruitment of talent. Industry experts view this funding round as a strategic move by OpenAI to solidify its narrative ahead of an anticipated initial public offering (IPO). The company seeks to broaden its shareholder base by including its stock in several exchange-traded funds (ETFs) managed by ARK Invest, which enhances accessibility for potential investors. SoftBank co-led the funding round, joined by Andreessen Horowitz, D.E. Shaw Ventures, MGX, TPG, and T. Rowe Price Associates. Additional participation came from notable tech giants, including Amazon, Nvidia, and Microsoft. Approximately $3 billion was derived from individual investors through bank channels. OpenAI also announced an expansion of its revolving credit facility to roughly $4.7 billion, supported by leading global banks. The facility remains undrawn, enabling the company to strengthen its financial position while ramping up infrastructure investment. The company shared significant revenue and user metrics in a release that closely resembled an S-1 filing. OpenAI claims it generates $2 billion in monthly revenue and reports growth at four times the rate of competeors such as Alphabet and Meta. OpenAI has over 900 million weekly active users and more than 50 million subscribers, with search usage increasing nearly threefold in the past year. OpenAI's advertising pilot has reportedly produced over $100 million in annual recurring revenue in under six weeks, indicating a promising new revenue stream. Business revenue now comprises 40% of total revenue, up from around 30% last year. The company anticipates reaching parity between business and consumer revenue by the end of 2026, driven by growth in its latest model, GPT-5.4. OpenAI characterizes itself as an "AI superapp," aiming to be the primary platform for AI utilization. The overall emphasis of the funding round reflects OpenAI's intention to shape its public market narrative and prepare for its upcoming IPO.

OpenAI Raises $122 Billion, Says Building Unified AI Superapp

OpenAI has expanded its revolving credit facility to $4.7 billion OpenAI, on Tuesday, announced the completion of its latest funding round. The San Francisco-based artificial intelligence (AI) giant raised $122 billion (roughly Rs. 11.37 lakh crore) in this funding round. Additionally, for the first time, the company opened participation to retail investors, raising $3 billion (roughly Rs. 28,000 crore) through bank channels. While the AI firm did not mention where it plans to spend the funds, it did reveal that a unified AI superapp is on the way. Interestingly, OpenAI claimed that it is growing its revenue four times faster than Google and Meta. OpenAI Raises $122 Billion In a post, the AI giant announced the closing of its latest funding round, where it raised $122 billion (roughly Rs. 11.37 lakh crore) backed by existing investors, including Amazon, Microsoft, Nvidia, and SoftBank. Out of this, more than $3 billion (roughly Rs. 28,000 crore) came from individual investors, a first for the company. Closing the round, OpenAI said that it was the fastest tech platform to reach 10 million users and 100 million users milestones. It also expects to become the fastest to one billion weekly active users. The AI giant also claimed that it was generating $1 billion (roughly Rs. 9,335 crore) per quarter by the end of 2024, and is currently generating $2 billion (roughly Rs. 18,670 crore) in revenue per month. "At this stage, we are growing revenue four times faster than the companies that defined the Internet and mobile eras, including Alphabet and Meta," the post added. In the post, the company also confirmed that it is building a unified AI superapp, which will bring together ChatGPT, Codex, browsing via Atlas, and agentic capabilities into a singular interface. OpenAI also said that this superapp will be agent-first. Explaining the reason behind developing the superapp, the company said users do not want disconnected tools as the limiting factor shifts from intelligence to usability. "A single product surface allows us to improve faster, ship more coherently, and capture more of the value created by agentic workflows," OpenAI added. The company is also hoping that scaling its consumer side will also influence adoption at work, ultimately leading to higher enterprise usage.

OpenAI raises $122 billion in boosted funding round - The Economic Times

The funding round included a diverse set of partners, including Amazon, Microsoft, Nvidia, and Softbank, according to OpenAI. In an unusual move, some $3 billion was reportedly raised from individual investors. The company in February, began rolling out advertising for its non-premium users in a bid to bring in more revenue.OpenAI on Tuesday said that the startup was valued at $852 billion in a freshly closed funding round that raised $122 billion. The eye-watering level of funding came in higher than originally projected, reflecting the surging costs of computing power and arriving amid lingering questions about whether OpenAI and other AI companies can generate sufficient revenue to cover expenses. "The capital being deployed today is helping build the infrastructure layer for intelligence itself," OpenAI said in a blog post. "Over time, that value will flow back into the economy, to companies, to communities, and increasingly to individuals." The ChatGPT-maker said that its revenue rate of $2 billion monthly is quickly growing. The funding round included a diverse set of partners, including Amazon, Microsoft, Nvidia, and Softbank, according to OpenAI. In an unusual move, some $3 billion was reportedly raised from individual investors. ChatGPT claims the top position in consumer AI, with more than 900 million weekly active users and some 50 million subscribers. Use of ChatGPT's online search engine has tripled over the course of a year, according to OpenAI. "These are not just growth milestones -- they show that frontier AI is becoming part of everyday life for people around the world," the San Francisco-based startup said in the post. The company in February began rolling out advertising for its non-premium users in a bid to bring in more revenue. OpenAI also announced that it is building a "superapp" that will combine ChatGPT, internet browsing, a Codex coding tool, and agentic capabilities that allow digital assistants to independently tend to tasks. The massive funding round comes with anticipation that OpenAI is planning to become a publicly traded company this year as competition intensifies in the AI sector. Arch-rival Anthropic, founded by former OpenAI employees, continues to gain ground and grab headlines for its well-regarded Claude AI models. Anthropic earlier this year secured a $30 billion funding round. Google's AI model Gemini has emerged as another potent competitor, with Elon Musk's xAI also attracting investment and users.

OpenAI Valued at $852 Billion in Latest Funding Round | PYMNTS.com

By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions. The company also announced in the release that it is developing a "unified AI superapp" and that its enterprise business will be as large as its consumer business by the end of the year. The Wall Street Journal reported Tuesday that this is the largest funding round in Silicon Valley history. Bloomberg reported that OpenAI Chief Financial Officer Sarah Friar said the financing "blows out of the water even the largest IPO that's ever been done." OpenAI said in its press release that the funding round was anchored by Amazon, Nvidia and SoftBank, and that there was continued participation from its long-term partner Microsoft. The firm added that it raised over $3 billion from individual investors, having extended participation to them through bank channels for the first time, and that it will be included in several exchange-traded funds (ETFs) managed by ARK Invest. In addition, OpenAI expanded its existing revolving credit facility to $4.7 billion. The facility is supported by a global syndicate and at close, remains undrawn, according to the release. OpenAI is now generating $2 billion in revenue per month, up from $1 billion per quarter at the end of 2024, per the release. "At this stage, we are growing revenue four times faster than the companies who defined the Internet and mobile eras, including Alphabet and Meta," the company said in the release. On the consumer side of its business, ChatGPT has 900 million weekly active users, has 50 million subscribers, and saw its ads pilot reach $100 million in annual recurring revenue (ARR) within six weeks. "These are not just growth milestones -- they show that frontier AI is becoming part of everyday life for people around the world," OpenAI said in the release. On the enterprise side, OpenAI's application programming interfaces (APIs) now process more than 15 billion tokens per minute, and Codex serves 2 million weekly users. The company said its enterprise business now makes up 40% of its revenue and is set to reach parity with its consumer business by the end of the year. OpenAI also said in the release that it is building a "unified AI superapp" that will bring together ChatGPT, Codex, browsing and agentic capabilities. "Users do not want disconnected tools," the company said in the release. "They want a single system that can understand intent, take action, and operate across applications, data and workflows."

OpenAI secures $122 billion funding to scale AI infrastructure and products

OpenAI announced the closure of a funding round with $122 billion in committed capital, reaching a post-money valuation of $852 billion. The company stated that the capital will support scaling of AI systems, expansion of infrastructure, continued model development, and growth across consumer and enterprise products. The funding round includes participation from major global investors and technology companies such as Amazon, NVIDIA, SoftBank, and continued involvement from Microsoft. SoftBank co-led the round alongside additional institutional investors and venture firms. The round also saw participation from a broad set of global financial institutions, asset managers, and investment groups. OpenAI further extended participation through bank channels, raising over $3 billion from individual investors. The company also confirmed expanded exposure through exchange-traded funds managed by ARK Invest. OpenAI reported significant platform growth across its services: Revenue milestones include: Enterprise usage accounts for more than 40% of revenue and is expected to reach parity with consumer revenue by the end of 2026. OpenAI continues to expand its product offerings across consumer, developer, and enterprise segments. Key areas include: Codex usage has reached over 2 million weekly users, with rapid growth in adoption rates. Compute is positioned as a central element of OpenAI's strategy. The company describes a cycle where improved compute enables better models, which in turn drive stronger products and increased adoption. OpenAI is expanding its infrastructure partnerships across multiple providers, including cloud platforms such as Azure, Oracle Cloud, AWS, CoreWeave, and Google Cloud. On the hardware side, OpenAI continues to work closely with NVIDIA while also engaging with additional chip ecosystems, including AMD, AWS Trainium, Cerebras, and custom silicon development in collaboration with Broadcom. OpenAI describes its operating model as a reinforcing flywheel consisting of: This system is designed to improve model capability, reduce delivery costs per unit of intelligence, and increase adoption across use cases. OpenAI is developing a unified AI superapp that integrates multiple capabilities into a single interface. This includes: The objective is to provide a single system capable of understanding user intent, executing tasks, and operating across applications and workflows. The approach is intended to align product experience with increasing model capability while simplifying user interaction. Enterprise adoption continues to expand and now represents a significant portion of revenue. OpenAI reports increased usage across: API usage and developer engagement continue to grow alongside enterprise demand. OpenAI's latest funding round highlights its continued expansion across infrastructure, enterprise adoption, and product development, supported by a broad base of global investors. The company is now focused on scaling compute and integrating its AI systems into a unified platform.

OpenAI Raises $122 Bn at $852 Bn Valuation; But There's a Catch

A good chunk of the monies would reach the OpenAI bank only after the company fulfils their part of the bargain OpenAI has done it again. They've closed their largest ever funding round, raising $122 billion at a valuation of $852 billion in what appears to be the prep before going public this year. Led by SoftBank, the latest round saw participation from Amazon, Nvidia and Microsoft alongside some other big names that suggests a return to Happy Days for Sam Altman and his team. However, there is a catch. Most of the funds are not necessarily cash in the bank. They're commitments that are unlikely to get wired into OpenAI's bank accounts for some time yet. For example, $15 billion out of Amazon's $50 billion commitment gets credited now. Similarly, SoftBank's $30 billion is spread over three payments, from now to October. So, the chirpy blog post announcing the $122 billion deal "to accelerate the next phase of AI" only the quantum of investment finds mention. Not a single word about pre-conditions that OpenAI will have to meet before the money actually lands in their accounts. Of course, we aren't surprised, given that Sam Altman's PR team is the most hardworking division in the company. The manner in which the blog was crafted left us in no doubt about its purpose. Having stated the quantum of investments in the first paragraph, it went straight to some achievements, which ironically OpenAI has been shouting from the rooftops for months now. That they got to 10 million users, that they're the fastest to 100 million users and would soon be the fastest to a billion weekly active users - sounded more like a cricketer chasing records in India and his fans lapping up every word! The key numbers related to hitting a billion dollars in annual revenues with the launch of ChatGPT, going up to $1 billion a quarter by end-2024 and now generating $2 billion per month. "At this stage, we are growing revenue four times faster than the companies who defined the Internet and mobile eras, including Alphabet and Meta," the blog says. Compare apples with oranges anyone? What we missed in this entire diatribe about how good they've been is the complete absence of any mention of profits. Maybe, Sam Altman's brand of AI hasn't learned that word it. Time to bring in former mate Dario Amodei for a validation? Coming to the fundraise itself, OpenAI says its war chest would be used to build AI chips, datacentres and hire top talent. And we thought they had all the talent they needed to accomplish the above tasks. Maybe, this time the investors that also include, Andreessen Horowitz, D.E. Shaw Ventures, MGX, TPG, and T. Rowe Price Associates, will seek more details. What's unique about this round is that $3 billion has come from individual investors via some bank channels. OpenAI would soon become part of several ETFs managed by ARK Invest, thus providing more individual investors access to a private company's stock. Moreover, it would help the company expand its shareholder base even before the upcoming IPO. Another bit of information the company shared via the blog is the expansion of its revolving credit facility to about $4.7 billion through several major banks. Of course, there has been no amount drawn from this facility till date, which indicates that OpenAI is bolstering its fiscal flexibility while pushing the frontiers over compute and infrastructure development. In recent times, OpenAI has been cutting down its exposure on several side stories such as Sora or the egregious adult stuff that it had planned to deliver thorough a specific chatbot experience. Given that close competitors like Gemini and Anthropic have gone after enterprise business, Altman and team is definitely on 'code red' now to achieve some goals on this front. The company claimed in the post that its business side of the venture now makes up 40% of total revenues, up from around 30% last year. OpenAI said it was "on track to reach parity with consumer by the end of 2026." Its growth across agentic workflows, the company said, is driven by its newest model GPT-5.4. And finally, the post also spoke about OpenAI's ambition of becoming an AI Super App. "As models become more capable, the limiting factor shifts from intelligence to usability. Users do not want disconnected tools. They want a single system that can understand intent, take action, and operate across applications, data, and workflows," says the post. Our Super App will bring together ChatGPT, Codex, browsing, and our broader agentic capabilities into one agent-first experience. This is not just product simplification. It is a distribution and deployment strategy. By unifying our surfaces, we can translate advances in model capability directly into user adoption and engagement, the company says while noting that OpenAI is building its narrative in real time, and this round is about anchoring IPO expectations and spending the funds wisely. "The capital being deployed today is helping build the infrastructure layer for intelligence itself. Over time, that value will flow back into the economy, to companies, to communities, and increasingly to individuals," the blog post says. Makes us want to believe that whatever is good for OpenAI would be good for the World.

OpenAI's $122 Billion Raise Sets Stage for Mega IPO Battle

OpenAI Raises $122 Billion, Eyes IPO as Valuation Hits $852 Billion Milestone OpenAI raised $122 billion in fresh capital, setting a new record for private funding in Silicon Valley. The deal values the company at about $852 billion. The scale shows how strongly investors back artificial intelligence and its long-term potential. The move also places OpenAI among the , ahead of several established tech giants. The timing adds significance. The company prepares for a potential IPO later this year, and this fundraising strengthens its position before entering public markets. It also signals that AI has moved from experimentation to a capital-intensive industry where scale matters.