Physical Address
304 North Cardinal St.
Dorchester Center, MA 02124
OpenAI has closed a deal to raise $122 billion at a price of $852 billion, its largest investment to date as the company is expected to hit the public market this year.
The round will add to OpenAI’s war chest as it spends more on AI chips, data center buildouts, and hiring top talent.
SoftBank led the round along with Andreessen Horowitz, DE Shaw Ventures, MGX, TPG, and T. Rowe Price Associates, with participation from Amazon, Nvidia, and Microsoft.
About $3 billion came from private donors through banks. OpenAI is also included in a number of ETFs managed by ARK Invest, giving the public the opportunity to acquire shares of a private company to multiply shareholders in advance. The upcoming IPO.
OpenAI also said it has increased its debt financing to $4.7 billion, backed by several top international banks. The company said so, indicating that it is helping its financial flexibility as it spends on inventory and infrastructure, rather than on short-term needs.
The company Press release in the upload they read less like a typical blog post than an S-1 post; it’s heavy on the fly-by-night illustrations, earns per share, and provides the kind of TAM justification language that investors scrutinize.
OpenAI also included financial updates and user numbers, saying that it is making $2 billion a month and shooting at its competitors: “At the moment, we are growing more than four times more money than the companies that explained the Internet and mobile, including letters and Meta.”
The company also said it has more than 900 million weekly users in the AI ​​consumer and more than 50 million subscribers, with search usage nearly tripling over the past year. OpenAI said its ad pilot was bringing in more than $100 million in annual revenue after six weeks, opening up a revenue stream for the company that built users without ads.
The AI ​​giant says interest is being shown on the business side, which now makes up 40% of its revenue (from about 30% last year) and “is on track to be in consumer demand by the end of 2026.” Its growth in operating systems, the company said, is driven by its new version of GPT-5.4.
Finally, OpenAI has rebranded itself as an “AI superapp,” making it clear that it wants to have a basic view of how people use AI.
All of this adds up to one message: OpenAI is building its public market profile in real time, and this cycle is as much about the sustainability of IPO prospects as it is about the capital itself.
