OpenAI Raises $122 Billion at $852B Valuation in Landmark Round
OpenAI Raises $122 Billion at $852B Valuation in Landmark Round
OpenAI has closed its latest funding round with $122 billion in committed capital at a post-money valuation of $852 billion, making it the most valuable private company in history.
Key Figures
- Funding: $122 billion committed capital
- Valuation: $852 billion post-money
- Monthly Revenue: $2 billion (up from $1B per quarter in late 2024)
- Weekly Active Users: Approaching 1 billion
- Credit Facility: Expanded to $4.7 billion revolving credit
Investor Lineup
The round was anchored by strategic partners Amazon, NVIDIA, and SoftBank, with continued participation from Microsoft. SoftBank co-led alongside a16z, D.E. Shaw Ventures, MGX, TPG, and T. Rowe Price.
Notable participants include Altimeter, Appaloosa, ARK Invest, BlackRock, Blackstone, Coatue, Fidelity, Sequoia Capital, Temasek, and Thrive Capital.
First Retail Investor Access
For the first time, OpenAI extended participation to individual investors through bank channels, raising over $3 billion. The company also announced inclusion in several ARK Invest ETFs.
Revenue Trajectory
OpenAI claims revenue growth four times faster than Alphabet and Meta at comparable stages: $1B annual within a year of ChatGPT launch, $1B quarterly by end of 2024, and now $2B monthly.
Strategic Implications
This round cements OpenAI as the dominant AI infrastructure company. Amazon's participation (despite competing via Anthropic's Claude) signals cloud providers view OpenAI as essential customer demand.