OpenAI raises $122B
OpenAI closed a record‑breaking $122 billion funding round and is reportedly generating over $2 billion per month in revenue, moves that push the company closer to an IPO. At the same time OpenAI is expanding product offerings into regulated verticals with a new ChatGPT for Healthcare workflow assistant aimed at reducing clinical admin burden. (cnbc.com) (ajmc.com)
OpenAI said the deal values the company at a post‑money $852 billion, according to its announcement. (openai.com) The financing was anchored by Amazon, NVIDIA and SoftBank with Microsoft as a continued participant; Bloomberg reported Amazon committed $50 billion while Nvidia and SoftBank each put in $30 billion, and that $35 billion of Amazon’s investment is conditional on either an IPO or a defined AGI milestone. (bloomberg.com) For the first time OpenAI broadened participation to retail channels, raising over $3 billion from individual investors, and said it will be included in exchange‑traded funds managed by ARK Invest to widen public exposure. (openai.com) OpenAI reported $13.1 billion in revenue last year and said enterprise customers now account for roughly 40% of revenue, with the company projecting enterprise and consumer revenue will be at parity by the end of 2026. (finance.yahoo.com) The company expanded its revolving credit facility to about $4.7 billion with a syndicate led by banks including JPMorgan Chase, Citi, Goldman Sachs, Morgan Stanley and Wells Fargo, and the facility remains undrawn. (finance.yahoo.com) OpenAI’s healthcare suite is powered by GPT‑5 models, offers HIPAA‑supporting controls including Business Associate Agreements and customer‑managed encryption, and the company states that content shared with ChatGPT for Healthcare will not be used to train its models. (openai.com) ChatGPT for Healthcare is already rolling out to major systems such as Cedars‑Sinai, Boston Children’s Hospital, AdventHealth, HCA Healthcare, Memorial Sloan Kettering, Stanford Medicine Children’s Health and UCSF, and includes evidence retrieval with transparent citations plus workflow templates for discharge summaries and prior authorizations. (openai.com) OpenAI also disclosed product‑scale metrics tied to the fundraising narrative, saying its APIs process more than 15 billion tokens per minute, that Codex serves over 2 million weekly users, and that GPT‑5.4 is live as its most capable model while media reports expecting an IPO later this year continue to circulate. (finance.yahoo.com)
