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OpenAI Raises $122bn at $852bn Valuation in Record Funding Round

Joan Aimuengheuwa by Joan Aimuengheuwa
April 1, 2026
in EnterpriseTECH
0
OpenAI $122 billion funding round
Source: Getty Images

Source: Getty Images

OpenAI has raised $122 billion in committed capital at a post-money valuation of $852 billion in its latest funding round, as it expands spending on infrastructure, models and global operations.

The company disclosed the raise alongside updates on its growth, revenue, user base and partnerships with global investors and technology firms.

OpenAI said the round drew support from strategic partners including Amazon, NVIDIA and SoftBank, with continued backing from Microsoft. Other participants included firms such as Andreessen Horowitz, D. E. Shaw Ventures, TPG and T. Rowe Price Associates.

Part of the capital also came through bank channels, with more than $3 billion raised from individual investors.

OpenAI added that its shares will be included in exchange-traded funds managed by ARK Invest, expanding access to the company’s equity ahead of a potential public listing.

The company also expanded its revolving credit facility to about $4.7 billion, supported by a syndicate of global banks. OpenAI said the facility is still undrawn.

In its statement, OpenAI pointed to rapid growth in revenue and usage. It reported monthly revenue of $2 billion and weekly active users exceeding 900 million across consumer AI products, alongside more than 50 million subscribers.

The company said, “We are now generating $2B in revenue per month. At this stage, we are growing revenue four times faster than the companies who defined the Internet and mobile eras, including Alphabet and Meta.”

OpenAI also noted adoption across both consumer and enterprise segments. It said enterprise customers now account for more than 40% of revenue, with expectations that this could match consumer revenue by the end of 2026.

Usage across its tools is increasing, with the company reporting commendable engagement in search, which it said has nearly tripled over the past year. It also stated that its advertising pilot has generated more than $100 million in annual recurring revenue within six weeks of launch.

On the developer side, OpenAI said its APIs process over 15 billion tokens per minute, while its coding tool Codex now serves over 2 million weekly users, with usage rising quickly in recent months.

The firm also referenced its latest model, GPT-5.4, which it said is driving higher engagement across agent-based workflows and enterprise applications.

Compute capacity is foremost to its expansion. OpenAI said its infrastructure strategy now spans multiple cloud providers and chip partners, including Oracle, CoreWeave and Google Cloud on the cloud side, and additional hardware collaborations beyond its long-standing reliance on NVIDIA systems.

The company described its approach as building a wider infrastructure base to support demand, rather than depending on a single provider.

OpenAI also outlined its comprehensive product direction, referring to plans to integrate its tools into a unified AI system. It said it is working towards a combined platform that brings together ChatGPT, Codex, browsing and agent features into a single interface.

The company stated that its long-term aim is to make AI tools easier to use across both personal and workplace settings, while allowing developers and businesses to build on top of its systems.

OpenAI added that its growth shows a mix of consumer adoption, enterprise deployment, developer usage and compute capacity, which together support continued expansion of its products and services.

The $122 billion funding round is one of the largest private capital raises in the technology sector and enables OpenAI to scale further as it prepares for greater market developments.

Tags: AI industryamazonArtificial intelligenceFunding RoundMicrosoftNvidiaOpenAISoftBankStartup Fundingtechnology news
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