tech
March 31, 2026
OpenAI closes $122B round at $852B valuation, opens door to retail investors
There is a number that keeps getting larger, and on Tuesday it got larger again. OpenAI announced that it had closed its latest funding round with $122 billion in committed capital, valuing the ChatGPT maker at $852 billion post-money. The figure is up from the $110 billion the company announced in February, when Amazon, Nvidia, and SoftBank each committed tens of billions to anchor what was already the largest private funding round in history.
TL;DR
- OpenAI closed its latest funding round with $122 billion in committed capital, valuing the company at $852 billion.
- This round saw an additional $12 billion from a broader investor pool, including $3 billion from individual investors.
- Major contributors include Amazon (up to $50 billion), Nvidia ($30 billion), and SoftBank ($30 billion), with Microsoft also participating.
- OpenAI is generating $2 billion in revenue per month, with ChatGPT boasting over 900 million weekly active users.
- The company is not yet profitable, and has shifted focus towards "practical adoption" and revenue-generating products, scaling back experimental ones like Sora.
- The inclusion of retail investors broadens the shareholder base and suggests preparations for an IPO, possibly as early as late 2026.
- Strategic investors like Amazon and Nvidia are securing AI infrastructure and solidifying market positions.
- OpenAI frames the investment as building the fundamental infrastructure layer for intelligence.
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