OpenAI raises $122 billion to build AI superapp

Investing.com -- OpenAI closed a $122 billion funding round on Tuesday at a post-money valuation of $852 billion, the company announced.

The round was anchored by Amazon, NVIDIA, and SoftBank, with continued participation from Microsoft. SoftBank co-led the round alongside a16z, D. E. Shaw Ventures, MGX, TPG, and accounts advised by T. Rowe Price Associates, Inc.

Additional participants included 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, and Winslow Capital.

OpenAI raised over $3 billion from individual investors through bank channels. The company will be included in several exchange-traded funds managed by ARK Invest.

OpenAI expanded its revolving credit facility to approximately $4.7 billion, supported by JPMorgan Chase, Citi, Goldman Sachs, Morgan Stanley, Wells Fargo, Mizuho, Royal Bank of Canada, SMBC, UBS, HSBC, and Santander. The facility remains undrawn.

ChatGPT has more than 900 million weekly active users and over 50 million subscribers. The company generates $2 billion in revenue per month. Enterprise revenue now makes up more than 40% of total revenue and is on track to reach parity with consumer revenue by the end of 2026.

OpenAI recently launched GPT-5.4. The company’s APIs process more than 15 billion tokens per minute. Codex serves over 2 million weekly users, up 5 times in the past three months.

OpenAI is building a unified AI superapp that will bring together ChatGPT, Codex, browsing, and agentic capabilities into one experience.

The company expanded its infrastructure strategy across multiple cloud partners, including Microsoft, Oracle, AWS, CoreWeave, and Google Cloud, and multiple chip platforms, including NVIDIA, AMD, AWS Trainium, Cerebras, and a chip in partnership with Broadcom.

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