OpenAI closes $122 billion funding at $852 billion valuation

OpenAI, the parent company of ChatGPT, has raised $122 billion in a record funding round, and its valuation has reached $852 billion. The round saw participation from its strategic partners, including Amazon, NVIDIA, and SoftBank, as well as continued involvement from its long-term partner, Microsoft. SoftBank co-led the round alongside a16z, D. E. Shaw Ventures, MGX and TPG.

"Within a year of launching ChatGPT, we reached $1 billion in revenue. By the end of 2024, we were generating $1 billion per quarter. We are now generating $2 billion in revenue per month. At this stage, we are growing revenue four times faster than the companies that defined the Internet and mobile eras, including Alphabet and Meta," the company said in a blog post.

OpenAI will be included in several exchange-traded funds managed by ARK Invest, further broadening ownership and giving more people the opportunity to share in the upside economics of OpenAI and the AI era.

"We have also expanded our existing revolving credit facility to approximately $4.7 billion, which gives us added flexibility as we continue to invest at scale," the company said.

OpenAI announced that ChatGPT is the overwhelming leader in consumer AI with more than 900 million weekly active users and over 50 million subscribers. ChatGPT has 6x the monthly web visits and mobile sessions than the next largest AI app, while total AI time spent is 4x the next largest AI app and 4x all others combined. "Search usage has nearly tripled in a year, and our ads pilot reached more than $100 million in ARR in under six weeks. These are not just growth milestones—they show that frontier AI is becoming part of everyday life for people around the world," the AI research firm said.

Over the past 15 months, OpenAI has expanded its infrastructure strategy beyond a small number of core providers to meet the scale and reliability requirements of global AI deployment. Demand for AI systems is growing faster and becoming more diverse. No single architecture can efficiently meet the needs of the entire AI frontier. To meet that demand and stay flexible, we are building a broader infrastructure portfolio across multiple cloud partners, multiple chip platforms, and deeper co-design across the stack, the company announced.

Recently, at the India AI Impact Summit 2026 here, the company launched OpenAI for India, an initiative with leading Indian partners to expand access to AI.