OpenAI (Unlisted:OPAI) has completed a significant funding round, securing $122 billion in committed capital at a post‑money valuation of $852 billion.
The ChatGPT-maker’s funding round was anchored by major strategic partners, including Amazon, NVIDIA, and SoftBank Group, with continued participation from Microsoft.
Other institutional investors and venture firms also contributed, and more than $3 billion was raised from individual investors through bank channels, a first for the company.
OpenAI’s shares are expected to be included in several exchange‑traded funds, potentially widening access to its equity ahead of a planned initial public offering later in 2026.
In its announcement, the company highlighted revenue growth and user engagement, reporting approximately $2 billion in monthly revenue and hundreds of millions of weekly active users across its services.
The company described the capital as foundational to scaling infrastructure, expanding access, and investing in next‑generation computing capacity.
Analysts at Jefferies noted the fundraising as a sign of continued investor confidence in AI leaders.
“We see OpenAI's raise as just another indicator that capital markets remain very willing to invest heavily in AI (and particularly AI leaders),” they wrote.
The firm expects that a large share of OpenAI’s funding will be directed toward expanding its data center capacity, reflecting the company’s emphasis on the role of increased and more advanced computing power in developing more capable AI models.
“Net we believe much of this new funding will flow directly and indirectly to hardware and semiconductor suppliers, in line with our view that hardware/datacenter demand will only continue to grow for the foreseeable future,” they wrote.