OpenAI closes $122B round
OpenAI completed a record $122 billion fundraising round at an $852 billion valuation — with $3B from retail and backers like Amazon, Nvidia, SoftBank and Microsoft — signaling an acceleration of capital into AI infrastructure and decentralized AI bets. The scale raises the bar for compute and talent costs, likely squeezing smaller crypto-AI startups and reshaping where institutional capital flows next. (thenextweb.com)
OpenAI expanded a previously disclosed $110 billion target to a larger close finalized March 31, 2026. (bloomberg.com) Amazon committed about $50 billion to the financing with roughly $35 billion of that contingent on either a public listing or hitting an artificial general intelligence milestone, while Nvidia and SoftBank each pledged about $30 billion and a roster of backers included Andreessen Horowitz, Abu Dhabi’s MGX, D.E. Shaw, TPG and T. Rowe Price. (bloomberg.com) The company reported generating roughly $2 billion in revenue per month, with enterprise contracts making up approximately 40% of that monthly revenue. (bloomberg.com) OpenAI disclosed consumer metrics of more than 900 million weekly active users and over 50 million paid subscribers, and said its advertising pilot reached in excess of $100 million in annualized recurring revenue within six weeks. (techcrunch.com) Management expanded an undrawn revolving credit facility to about $4.7 billion and announced plans for inclusion in several ARK Invest exchange-traded funds. (techcrunch.com) Reporting flagged that many of the same cloud and chip suppliers and venture investors backing OpenAI also have stakes in rival firms like Anthropic, and OpenAI signaled a multiyear plan to spend more than $1.4 trillion on physical infrastructure to support model training and deployment. (bloomberg.com) CFO Sarah Friar said the financing provides “a lot of flexibility” for compute and roadmap investments, and observers noted the company’s public statements and detailed metrics read like preparatory S‑1 material as it readies for a likely public offering. (bloomberg.com)
