STORY · SELSKAPER_
OpenAI raises $122 billion in largest funding round in history
OpenAI announced in February $110 billion in commitments from SoftBank, NVIDIA and Amazon, and closed the round on March 31 at a total of $122 billion at a post-money valuation of $852 billion. The final $12 billion came from a broader investor pool, including $3 billion from individual investors.
WHY IT MATTERS
History's largest private capital raise demonstrates the enormous resources frontier AI now requires, and positions OpenAI for the next phase — with a possible IPO on the horizon.
SOURCES
MACHINE-GENERATED SUMMARY This summary is written by machine from the sources below. We sort and explain — but we are a way into the field, not the final word. Check the source when something matters to you.