OpenAI raises $122 billion at an $852 billion valuation
The largest funding round in tech history. OpenAI says it now makes about $2 billion in revenue a month.
What happened
OpenAI closed a $122 billion funding round, valuing the company at $852 billion post-money.
Who invested
- SoftBank and a16z co-led the round.
- Amazon, Nvidia and SoftBank were anchor investors.
- More than $3 billion came from retail investors through banks.
- There is also a credit facility of about $4.7 billion.
OpenAI by the numbers
| Monthly revenue | ~$2 billion |
| Weekly users | 900 million+ |
| Paid subscribers | 50 million+ |
| Ads pilot | $100M+ annualized revenue in under 6 weeks |
| Enterprise | over 40% of revenue |
Why it matters
OpenAI needs huge sums to build data centers and buy chips. This money strengthens its position against Google and Anthropic.
Founder and editor-in-chief of Kurd Developers. Phone and tech news on YouTube, Instagram and TikTok.
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