OpenAI raises $122 billion at post-money valuation of $852 billion
01 Apr 2026, 12:33 PMSoftBank co-led the round with a16z, D. E. Shaw Ventures, MGX, TPG, and accounts advised by T. Rowe Price Associates.
Share the story on
OpenAI has raised $122 billion in its latest funding round at a post-money valuation of $852 billion.
SoftBank co-led the round with a16z, D. E. Shaw Ventures, MGX, TPG, and accounts advised by T. Rowe Price Associates, a statement said.
The round also saw participation from strategic partners Amazon, NVIDIA, and Microsoft, alongside a broad set of global institutions including Altimeter, Appaloosa LP, ARK Invest, affiliated funds of BlackRock, Blackstone, Coatue, D1 Capital Partners, Dragoneer, Fidelity Management & Research Company, Goanna Capital, Insight Partners, The Paragon Group, Sands Capital, Sequoia Capital, Sound Ventures, Temasek, Thrive Capital, UC Investments, and Winslow Capital.
It added that it has extended participation to investors through bank channels, raising over $3 billion from individual investors, for the first time.
The fresh capital will be used to continue scaling AI infrastructure, advance frontier research, expand enterprise deployment, and accelerate the development of its unified AI superapp, bringing together ChatGPT, Codex, browsing, and agentic capabilities into a single product experience.
It also said that it has expanded its existing revolving credit facility to around $4.7 billion. The facility is supported by a global syndicate including JPMorgan Chase, Citi, Goldman Sachs, Morgan Stanley, Wells Fargo, Mizuho, Royal Bank of Canada, SMBC, UBS, HSBC, and Santander. The facility remains undrawn at close, it noted.
The Sam Altman-led company further said that it is now generating $2 billion in revenue per month.
"At this stage, we are growing revenue four times faster than the companies who defined the Internet and mobile eras, including Alphabet and Meta," it stated.
Founded in 2015 as a non-profit organisation by Sam Altman, Greg Brockman, Ilya Sutskever, Wojciech Zaremba, and Elon Musk, among others, OpenAI now has over 900 million weekly active users on ChatGPT, processes more than 15 billion API tokens per minute, and counts enterprise revenue at over 40% of its total.
OpenAI is also reportedly planning to float its initial public offering (IPO) this year.
Earlier in this year, the AI startup said it had raised $110 billion at a pre-money valuation of $730 billion.
In February, its rival Anthropic announced that it has secured $30 billion in its Series G funding round led by GIC and Coatue.
Funding in Generative AI continues despite fears of an AI bubble.
Who Reads Us
“I enjoy reading The Head and Tale for their coverage on the Fintech landscape. The reporting is incisive and honest, and it demonstrates a sharp understanding of the industry and the issues that concern it. I'd like to extend my best wishes to Arti for her continued success.”
“Well-researched, informative and analysis based reporting makes an interesting read. 'The Head and Tale' news portal has been demonstrating this quite well covering fintech and emerging tech sectors. Their timely updates, exclusive stories and different perspectives on these sectors help me stay informed. Kudos to Arti Singh for pursuing her passion and best wishes to the team.”
“The Head and Tale stands out for its deep industry knowledge and impressive network of sources. I especially appreciate that the reporting remains independent, rarely resorting to paid puff pieces, making it a publication I can genuinely trust. Having followed Arti’s work for years, I’ve come to rely on The Head and Tale for its unparalleled insight and truly independent coverage. Arti’s long-standing presence in the sector means her reporting is always informed, with access few can match.”
“What I really appreciate about The Head and Tale is that it doesn’t just report the news, it interprets it. The stories are well-researched, comprehensive, and bold. Arti brings a fearless lens to reporting, often asking the uncomfortable but necessary questions. She makes you pause, reflect, and rethink what it all means for the payments and fintech ecosystem. It’s rare to find journalism that’s this sharp, timely, and relevant to the work we do every day.”
“I’ve always valued journalism that goes beyond surface-level headlines. The Head and Tale does exactly that - it connects the dots, asks the tough questions, and brings clarity to the shifts shaping our evolving industry. I’ve even encouraged my team members to subscribe, because staying informed through credible, deeply reported stories is as important as building products. For me, The Head and Tale has become part of essential reading.”
