OpenAI Closes $122 Billion Funding Round at $852 Billion Valuation

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OpenAI Closes $122 Billion Funding Round at $852 Billion Valuation

OpenAI announced on March 31, 2026, the close of a $122 billion funding round, the largest private technology financing in history. The round values OpenAI at $852 billion post-money.

Investors

The round includes Amazon, NVIDIA, SoftBank, and Microsoft as strategic investors. OpenAI also raised $3 billion from retail investors, an unusual move for a company that has not yet gone public.

Scale of Operations

ChatGPT now has over 900 million weekly active users and more than 50 million paying subscribers. OpenAI generates $2 billion in monthly revenue. Enterprise customers now account for over 40% of that revenue and are on track to reach parity with consumer revenue by end of 2026.

What the Money Will Fund

OpenAI plans to use the capital for expanded compute infrastructure, multi-cloud and chip partnerships, and development of a unified AI superapp combining ChatGPT, Codex, and agentic capabilities. The company is also investing in global AI infrastructure to support growing demand.

IPO Expectations

The funding round has fueled speculation about an OpenAI IPO. At $852 billion, the company would be among the most valuable public listings in history if it goes public at or above this valuation.

Why It Matters

The round signals continued investor confidence in AI despite growing questions about profitability across the industry. With $122 billion in fresh capital, OpenAI has more resources than most publicly traded technology companies, giving it significant runway to pursue its product and infrastructure ambitions.

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