OpenAI raises $122 billion to accelerate the next phase of AI
Summary
OpenAI has raised $122 billion in capital at an $852 billion valuation, aiming to solidify its position as core AI infrastructure. The company is experiencing rapid revenue growth, now reaching $2 billion per month, driven by strong consumer adoption of ChatGPT and increasing enterprise demand. This funding will support the development of a unified AI superapp, expand compute capacity through partnerships with major cloud and hardware providers, and accelerate the deployment of advanced models like GPT-5.4.
(Source:OpenAI)