OpenAI’s $122 Billion Mega-Round Dwarfs Nearly Every S&P 500 Giant, But With Zero Profit
BeInCrypto
OpenAI secured $122 billion in funding at an $852 billion valuation, marking a historic private raise despite the company currently operating without profits.Summary
OpenAI has closed a record-breaking $122 billion funding round, achieving an $852 billion post-money valuation. Supported by major tech players like Amazon, Nvidia, and Microsoft, the company is scaling rapidly with $2 billion in monthly revenue and 900 million weekly active users. However, analysts note that the funding structure includes non-cash contributions and performance contingencies, while the company faces significant financial pressure with a projected annual burn rate reaching $57 billion by 2027.
(Source：BeInCrypto)