OpenAI closes $122 billion funding round at $852 billion valuation, eyes public debut
12 Sources
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OpenAI, not yet public, raises $3B from retail investors in monster $122B fund raise | TechCrunch
OpenAI has closed a deal to raise $122 billion at an $852 billion valuation, its largest funding round to date as the company is expected to hit the public markets this year. The round will add to OpenAI's war chest as it spends enormous amounts of money on AI chips, data center buildouts, and
[2]
OpenAI Valued at $852 Billion After Completing $122 Billion Round
OpenAI has completed a deal to raise $122 billion from investors at an $852 billion valuation, marking the company's largest funding round to date by far and bolstering its costly push for more chips, data centers and talent. The bulk of the financing, which had been in the works for months, came
[3]
OpenAI raises $3bn from retail investors as part of record funding haul
OpenAI has raised more than $3bn from retail investors as part of a massive funding round the company hopes will help it outmuscle rivals including Anthropic and set it on the path to an initial public offering as early as this year. The ChatGPT maker has closed a record funding round of up to
[4]
OpenAI closes record-breaking $122 billion funding round as anticipation builds for IPO
CEO of OpenAI Sam Altman speaks during the 2026 Infrastructure Summit of government officials, corporate executives, and labor leaders, in Washington, D.C., U.S., March 11, 2026. OpenAI on Tuesday announced that it closed a record-breaking funding round at a post-money valuation of $852
[5]
OpenAI Set to Raise About $10 Billion From MGX, Coatue, Thrive
Ask Mark Gurman Anything About Apple Ask Mark Gurman Anything About Apple Ask Mark Gurman Anything About Apple From its latest devices, to an AI comeback and the future after Tim Cook, join the live conversation on Thursday, March 26 at 11 a.m. EDT. From its latest devices, to an AI comeback
[6]
OpenAI closes $122B round at $852B valuation, opens door to retail investors
There is a number that keeps getting larger, and on Tuesday it got larger again. OpenAI announced that it had closed its latest funding round with $122 billion in committed capital, valuing the ChatGPT maker at $852 billion post-money. The figure is up from the $110 billion the company announced in
[7]
OpenAI raises additional money to bring record funding round to $120 billion, CFO tells Cramer
"It didn't matter where you went, people really believed in this AI revolution and they wanted to put their money to work behind it," Friar said. OpenAI is raising an additional $10 billion from investors as part of its historic funding round, CFO Sarah Friar told CNBC's Jim Cramer on
[8]
OpenAI, parent firm of ChatGPT, raises $122bn in new funding amid AI boom
Company said it achieved valuation of $852bn, mentioning in a blog post it generates $2bn a month in revenue OpenAI announced on Tuesday it had closed a fundraising round of $122bn. The company behind ChatGPT said it had achieved a valuation of $852bn, cementing its status among the most highly
[9]
OpenAI set to raise about $10 billion from MGX, Coatue, Thrive - The Economic Times
OpenAI is nearing a deal to raise about $10 billion from venture investors, lifting its latest funding round to roughly $120 billion. Backers include MGX, Coatue Management, Thrive Capital, and Altimeter Capital. The deal would support its push for computing power and talent, marking its largest
[10]
OpenAI Set For $850B Valuation In Blockbuster Raise Backed By Wall Street Giants - Microsoft (NASDAQ:MSFT)
OpenAI is closing in on an $850 billion valuation as it finalizes a new $10 billion venture‑capital raise. The funding, expected to wrap up next week, would lift the total amount raised by the company in the current round to about $120 billion, Bloomberg reported. OpenAI's latest raise marks a
[11]
OpenAI raises $122 billion to build AI superapp By Investing.com
Investing.com -- OpenAI closed a $122 billion funding round on Tuesday at a post-money valuation of $852 billion, the company announced. The round was anchored by Amazon, NVIDIA, and SoftBank, with continued participation from Microsoft. SoftBank co-led the round alongside a16z, D. E. Shaw
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OpenAI raises $122bn, edging closer to an IPO
OpenAI has finalized a $122bn financing round, exceeding the $110bn initially announced, and bringing its valuation to $852bn. The deal was co-led by SoftBank, with participation from investors such as Andreessen Horowitz and D. E. Shaw Ventures. For the first time, the company also opened the
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OpenAI has completed the largest private funding round in history, raising $122 billion at an $852 billion valuation. The ChatGPT maker brought in $3 billion from retail investors for the first time, signaling its path toward an anticipated IPO this year. With major backing from Amazon, Nvidia, and SoftBank, the company is fueling its race to dominate AI infrastructure and compete with rivals like Anthropic.
OpenAI Completes Historic $122 Billion Funding Round
OpenAI has closed a record-breaking funding round totaling $122 billion at an $852 billion valuation, marking the largest private capital raise in history and setting the stage for preparing for a potential IPO expected later this year
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. The ChatGPT maker's massive capital injection comes as it battles to secure AI chips and data centers while competing against rivals including Anthropic and Google in the race to build frontier AI models.
Source: Benzinga
SoftBank co-led the round alongside Andreessen Horowitz, D.E. Shaw Ventures, MGX, TPG, and T. Rowe Price Associates
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. The bulk of financing came from three tech giants: Amazon committed $50 billion, while Nvidia and SoftBank each invested $30 billion . Notably, $35 billion of Amazon's investment is contingent on OpenAI either going public or achieving artificial general intelligence, a breakthrough that CFO Sarah Friar defined as "the majority of economically valuable human work being able to be done by [AI] agents"3
.Retail Investor Participation Opens New Access
In a first for the company, OpenAI raised more than $3 billion from individual investors through bank channels, representing the largest private placements these banks had completed
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. The company will also be included in several exchange-traded funds managed by Cathie Wood's ARK Invest, broadening retail investor participation and giving more people exposure to the AI firm ahead of its anticipated public debut1
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Source: FT
Sarah Friar framed the retail access as consistent with OpenAI's mission, stating it meant "not just access to the technology but access to the financial upside"
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. However, growing retail exposure to lossmaking private companies raises concerns, as individual investors tend to be less sophisticated than venture capital firms and often gain access later at higher valuations3
. Retail investors are expected to play a significant role in upcoming tech IPOs, potentially accounting for as much as 30 percent of anticipated public listings over the next 12 months3
.Capital for AI Development and Infrastructure Spending
The funding round provides OpenAI with substantial resources to continue its costly push for computing power and talent acquisition. The company has previously committed to spending more than $1.4 trillion on physical infrastructure in the coming years to support its AI software development . OpenAI also expanded its revolving credit facility to approximately $4.7 billion, supported by several top global banks, though the facility remains undrawn, suggesting the company is bolstering financial flexibility rather than responding to immediate liquidity needs
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.Sarah Friar said the financing "blows out of the water even the largest IPO that's ever been done," emphasizing it gives the company "a lot of flexibility" to invest in computing resources and its AI roadmap amid broader market uncertainty . The complex web of tie-ups between OpenAI, Anthropic, and their cloud and chip suppliers like Amazon and Nvidia has sparked concerns about potential fallout if the technology doesn't match today's lofty expectations .
Source: Bloomberg
OpenAI's Financial Performance Shows Strong Growth
OpenAI disclosed it is currently generating $2 billion in monthly revenue, with the company claiming it is "growing revenue four times faster than the companies who defined the Internet and mobile eras, including Alphabet and Meta"
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. The ChatGPT platform now supports more than 900 million weekly active users and over 50 million subscribers, with search usage nearly tripling in the last year1
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.Enterprise sales now make up 40 percent of OpenAI's revenue, up from around 30 percent last year, and the company is "on track to reach parity with consumer by the end of 2026"
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. The company's ads pilot program, which Sam Altman once described as a "last resort," hit $100 million in annualized revenue after just six weeks, opening a serious potential revenue stream1
.Related Stories
Building the AI Superapp and Streamlining Operations
OpenAI has positioned itself as an AI superapp, stating that "users do not want disconnected tools. They want a single system that can understand intent, take action, and operate across applications, data, and workflows" . The company is developing a desktop application to bring together its chatbot, coding tool, and web browser into a unified experience .
To focus on core business priorities, OpenAI has jettisoned several projects in recent weeks, including discontinuing support for Sora, its AI video generator, and a planned erotic chatbot
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. Sam Altman also announced the company will reorganize some security and safety teams to better integrate that work into the development process, giving the CEO more time to focus on infrastructure projects and raising capital .IPO Expectations Build Amid Market Positioning
The company's announcement reads less like a typical funding announcement and more like a draft S-1 filing, heavy on flywheel metaphors and TAM-justifying language that institutional investors favor
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. Sarah Friar emphasized that OpenAI needs to be "public-company capable," referring to it as "good hygiene" for a business, and noted an IPO can serve as a "trust-building moment" for a firm .With CEO Sam Altman now under pressure to justify the company's massive valuation, OpenAI is building its public market narrative in real time
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. Both OpenAI and Anthropic are expected to go public as soon as this year, testing Wall Street's appetite for unprofitable but fast-growing AI businesses . The funding round appears as much about anchoring IPO expectations as it is about the capital itself, positioning OpenAI to own the primary interface for how people use AI1
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