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OpenAI closes record-breaking $122 billion funding round as anticipation builds for IPO

Mar 31, 2026 20:05 UTC

The round totaled $122 billion of committed capital, up from the $110 billion figure that was previously announced..

  • In this article OpenAIon Tuesday announced that it closed a record-breaking funding round at a post-money valuation of $852 billion
  • The round totaled $122 billion of committed capital, up from the$110 billion figurethat the company announced in February
  • SoftBankco-led the round alongside other investors, including Andreessen Horowitz and D

In this article OpenAIon Tuesday announced that it closed a record-breaking funding round at a post-money valuation of $852 billion. The round totaled $122 billion of committed capital, up from the$110 billion figurethat the company announced in February.SoftBankco-led the round alongside other investors, including Andreessen Horowitz and D. E. Shaw Ventures, OpenAI said. OpenAI kickstarted theartificial intelligenceboom with the launch of its ChatGPT chatbot in 2022, and the company has since ballooned into one of the fastest-growing commercial entities on the planet. As of March, ChatGPT sup

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