OpenAI Secures $122 Billion Funding Round to Lead Next Phase of AI Development

SAN FRANCISCO, March 31, 2026 — OpenAI announced the close of its latest funding round, raising $122 billion in committed capital at a post-money valuation of $852 billion, positioning itself as a foundational infrastructure for artificial intelligence globally. The company emphasized its role in enabling individuals and businesses to build and deploy AI-driven solutions, leveraging its broad consumer reach through ChatGPT to expand into enterprise applications.

The funding round, anchored by Amazon, NVIDIA, and SoftBank, with continued participation from Microsoft, reflects deep global confidence in OpenAI’s trajectory. The round was co-led by SoftBank and a16z, alongside major institutions such as D. E. Shaw Ventures, MGX, TPG, and T. Rowe Price Associates, Inc. Additional contributions came from Altimeter, Appaloosa LP, ARK Invest, BlackRock, Blackstone, and Sequoia Capital, among others. For the first time, OpenAI extended participation to individual investors through bank channels, raising over $3 billion from this demographic. The company also expanded its $4.7 billion revolving credit facility, supported by a global syndicate including JPMorgan Chase, Citi, Goldman Sachs, and UBS.

Strategic Investments and Market Position

OpenAI’s $122 billion funding round underscores its rapid commercial scaling, with revenue growing four times faster than companies that defined the internet and mobile eras, such as Alphabet and Meta. The company reported $1 billion in revenue within a year of launching ChatGPT, followed by $1 billion per quarter by the end of 2024 and $2 billion per month in early 2026. ChatGPT now boasts 900 million weekly active users and over 50 million subscribers, dominating consumer AI with 6x the monthly web visits and 4x the time spent of its nearest competitor. Enterprise revenue now accounts for over 40% of total revenue, with projections to reach parity with consumer revenue by the end of 2026.

The company highlighted advancements such as GPT-5.4, its most capable model to date, and the expansion of Codex into a flagship coding agent. ChatGPT’s search usage has nearly tripled in a year, and its ads pilot reached over $100 million in annual recurring revenue (ARR) in under six weeks. OpenAI’s APIs process over 15 billion tokens per minute, while Codex serves over 2 million weekly users, growing 5x in the past three months and 70% month-over-month.

Compute as a Strategic Advantage

OpenAI emphasized the critical role of compute infrastructure in driving AI advancement, noting that revenue and compute capacity have scaled in tandem since ChatGPT’s launch. Each new generation of infrastructure enables the training of more capable models while reducing the cost per token through algorithmic and hardware improvements. This compounding effect—where better infrastructure lowers delivery costs and deeper enterprise adoption increases revenue per unit of compute—creates a reinforcing flywheel that accelerates AI’s economic impact. The company’s undrawn $4.7 billion revolving credit facility provides added financial flexibility to sustain this growth.

Read more: openai.com