OpenAI raises a record $122 billion as revenue crosses $2 billion per month
Summary
OpenAI has closed a $122 billion funding round, the largest in private market history, achieving an $852 billion post-money valuation. The round was led by Amazon, Nvidia, and SoftBank, with participation from numerous major investors including Microsoft, BlackRock, and Sequoia. The company’s revenue has doubled from $1 billion per quarter to $2 billion per month, fueled by ChatGPT’s 900 million weekly active users and over 50 million subscribers. Enterprise revenue now accounts for over 40% of the total and is expected to equal consumer revenue by the end of 2026. OpenAI is strategically investing in compute infrastructure, diversifying its partnerships across cloud providers, silicon manufacturers, and data centers. The company is also developing a “unified AI superapp” to consolidate its offerings and improve usability as AI models become more advanced.
(Source:CoinDesk)