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OpenAI closes record-breaking $122 billion funding round as anticipation builds for IPO
Amazon, Nvidia and SoftBank anchored the deal, while OpenAI said it is generating $2 billion in monthly revenue and remains unprofitable.
- On Tuesday, OpenAI announced a record funding round totaling $122 billion, pushing its post-money valuation to $852 billion after expanding on $110 billion in commitments disclosed in February.
- Strategic investors Amazon, Nvidia, and SoftBank anchored the financing, while OpenAI raised an additional $12 billion from a broader investor pool and $3 billion from individuals, alongside Microsoft's participation.
- ChatGPT currently supports more than 900 million weekly active users, including more than 50 million subscribers, and generates $2 billion in monthly revenue, though the company remains cash-burning and not yet profitable.
- Facing pressure to justify the valuation ahead of a potential IPO, OpenAI CEO Sam Altman has begun cutting costs, recently shuttering the short-form video app Sora to rein in expenses.
- The company stated that capital is helping build "the infrastructure layer for intelligence itself," positioning OpenAI to transition from cash-burning growth toward sustainable profitability and long-term market dominance.
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The global leader of the generative AI closed his last fund-raising with a record $122 billion, paving the way for a much-anticipated stock market introduction.
·Paris, France
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OpenAI announced this Wednesday's capture of US$ 122 billion (about R$ 633 billion) in a new round of investments — the largest already registered in the history of the technology sector — raising the market value of the company to around US$ 852 billion (R$ 4.4 trillion) and approaching the company of a capital opening planned for this year. Financial services: TikTok requests permission in Brazil to act as a credit fintech, says agency In Apri…
·Brazil
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Coverage Details
Total News Sources46
Leaning Left4Leaning Right6Center14Last UpdatedBias Distribution58% Center
Bias Distribution
- 58% of the sources are Center
58% Center
L 17%
C 58%
R 25%
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