OpenAI, not yet public, raises $3B from retail investors in monster $122B fund raise
TechCrunch
OpenAI has secured $122 billion in funding, including $3 billion from retail investors, as it prepares for a potential public market debut.Summary
OpenAI has successfully closed a massive $122 billion funding round at an $852 billion valuation, backed by major firms like SoftBank, Andreessen Horowitz, and Microsoft. The round includes $3 billion from retail investors and aims to support the company's heavy investments in AI infrastructure, compute, and talent. With $2 billion in monthly revenue and 900 million weekly active users, OpenAI is positioning itself as an "AI superapp" while actively building a narrative for a potential upcoming IPO.
(Source：TechCrunch)