OpenAI Raises $122B at $852B Valuation
OpenAI announced a $122B funding round at an $852B valuation, setting a new high-water mark for venture fundraising. Amazon, Nvidia, and SoftBank anchored $110B of the raise, and OpenAI said revenue has reached $2B per month as it moves toward a unified AI superapp. The company is folding ChatGPT, Codex, and its agent tools into one product after winding down Sora.
- The round was led by major backers, with Amazon, Nvidia, and SoftBank anchoring $110B of the raise.
- OpenAI said its business has reached $2B per month in revenue and enterprise now makes up more than 40% of that total.
- The product strategy is shifting toward one unified AI superapp that combines ChatGPT, Codex, and agent tools.
