OpenAI becomes a $852 billion giant with record-breaking $122B funding round

OpenAI has officially set a new global record in private fundraising, securing $122 billion in committed capital.

Back in April 2025, OpenAI announced that it had secured $40 billion in funding, the largest private fundraising round for a tech company ever. Today, exactly a year later, OpenAI announced that it has raised $122 billion in committed funding at a post-money valuation of $852 billion. For comparison, OpenAI's primary competitor, Anthropic, announced a $30B Series G at a $380B post‑money valuation in February this year.

OpenAI mentioned that it is growing at a rapid pace and highlighted a few numbers to back it. For example, OpenAI became the fastest technology platform to reach 10 million users, the fastest to 100 million users, and claims that it will soon become the fastest to reach 1 billion weekly active users. Additionally, ChatGPT generated a billion dollars in revenue within a year of launching, and it was generating $1B per quarter by the end of 2024. Now, OpenAI is generating $2B in revenue per month. OpenAI mentioned that enterprise revenue contributes over 40% of its revenue, and it is expected to reach 50% by the end of 2026.

OpenAI's $122 billion funding round saw participation from various companies; find the details below:

• The round was anchored by Amazon, NVIDIA, SoftBank, and Microsoft.
• SoftBank co-led the round alongside a16z, D. E. Shaw Ventures, MGX, and TPG.
• The following global institutions also participated in the round: Altimeter, Appaloosa LP, ARK Invest, affiliated funds of BlackRock, Blackstone, Coatue, D1 Capital Partners, Dragoneer, Fidelity Management & Research Company, Goanna Capital, Insight Partners, The Paragon Group, Sands Capital, Sequoia Capital, Sound Ventures, Temasek, Thrive Capital, UC Investments (University of California CIO Office), and Winslow Capital.
• For the first time, OpenAI also raised over $3 billion from retail investors through bank channels.
• OpenAI mentioned that it will be included in several exchange-traded funds managed by ARK Invest, allowing other investors to be part of OpenAI.

OpenAI believes in the following flywheel:

More compute drives more intelligent models. More intelligent models drive better products. Better products drive faster adoption, more revenue, and more cashflow.

OpenAI will be using these newly raised funds to develop AI infrastructure to support research and development, while also making the developed products and services accessible to billions of users worldwide.

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Posted Wednesday 1 April 2026 at 4:17 pm AEST (my time).

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