Artificial intelligence leader OpenAI has secured $122 billion in committed capital, marking a historic milestone in private market fundraising. The round, led by Amazon, Nvidia, and SoftBank, values the company at $852 billion, making it the most valuable startup in history. The funding includes participation from major financial institutions and venture capital firms, with over $3 billion raised from individual investors through bank channels. OpenAI's revenue has surged to $2 billion per month, a significant increase from $1 billion per quarter at the end of 2024. The company's ChatGPT application has over 900 million weekly active users and 50 million subscribers. Enterprise revenue now accounts for more than 40% of total income, with projections to reach parity with consumer revenue by the end of 2026. The company's APIs process 15 billion tokens per minute, and its coding tool Codex has seen a fivefold increase in weekly users to 2 million in three months. OpenAI has also expanded its revolving credit facility to $4.7 billion, supported by major banks including JPMorgan Chase, Citi, Goldman Sachs, and Morgan Stanley. The company is building a 'unified AI superapp' that integrates ChatGPT, Codex, browsing, and agentic capabilities into a single platform. This strategy aims to enhance usability as AI models become more advanced, translating model improvements into broader adoption. The $852 billion valuation places OpenAI above several major public companies, including Berkshire Hathaway, Visa, JPMorgan Chase, and Samsung. The company's infrastructure strategy includes cloud partnerships with Microsoft, Oracle, AWS, CoreWeave, and Google Cloud, as well as silicon partnerships with Nvidia, AMD, AWS Trainium, Cerebras, and its own custom chip with Broadcom. Data center collaborations span Oracle, SBE, and SoftBank.
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