OpenAI Secures $122B, Valued at $852B

OpenAI closed a $122B funding round on March 31, 2026, valuing it at $852B post-money as ChatGPT usage and revenue surged.

Jason Kwon ·

OpenAI Secures $122B, Valued at $852B

OpenAI said on March 31, 2026, that it has completed a $122 billion funding round, setting a post-money valuation of $852 billion. The company described the financing as a major capital injection intended to support faster artificial intelligence development and broader market expansion.

The round was anchored by strategic partners Amazon, NVIDIA, and SoftBank, with Microsoft continuing its participation, OpenAI said. The company also listed a16z, D. E. Shaw Ventures, MGX, TPG, and accounts advised by T. Rowe Price Associates, Inc. as additional co-leads. OpenAI added that a wide range of global institutions contributed to the raise.

OpenAI said the financing included a new element: individual investors participated for the first time through bank channels, raising over $3 billion. The company did not provide further detail in its announcement on how those bank channels were structured, or how the individual allocations were distributed.

Alongside the funding update, OpenAI reported operating scale metrics tied to its consumer and paid offerings. It said ChatGPT has surpassed 900 million weekly active users and has more than 50 million subscribers. OpenAI also reported that revenue has risen to $2 billion per month, and that enterprise solutions now represent over 40% of total revenue.

The company also disclosed changes to its liquidity backstop. OpenAI said it expanded its revolving credit facility to approximately $4.7 billion, and that the facility remains undrawn. The announcement did not specify the lenders involved or the maturity profile of the facility.

For global markets, the size of the round and the roster of participants place OpenAI among the most highly valued private companies, while highlighting the scale of capital being directed toward AI development and deployment. The involvement of major technology and investment firms underscores how AI infrastructure, model development, and enterprise adoption are being financed through large, multi-party transactions that span regions and investor types.

Several details remain unclear based on the company’s statement. OpenAI did not break out how much each investor committed, the timing of cash proceeds, or any governance terms tied to the financing. It also did not provide additional segmentation beyond stating that enterprise solutions account for over 40% of revenue.

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