OpenAI raises a record $122 billion as revenue crosses $2 billion per month

The backing round, anchored by Amazon, Nvidia, and SoftBank, is the largest backstage backing successful history.

Updated Apr 1, 2026, 12:24 p.m. Published Apr 1, 2026, 12:15 p.m.

Artificial quality elephantine OpenAI has closed $122 billion successful committed superior astatine an $852 cardinal post-money valuation, a circular that dwarfs thing raised successful backstage markets and cements the institution arsenic the astir invaluable startup successful past by a wide margin.

The backing was anchored by Amazon, Nvidia, and SoftBank, with continued information from Microsoft. SoftBank co-led alongside a16z, D.E. Shaw Ventures, MGX, TPG, and accounts advised by T. Rowe Price.

The capitalist database reads similar a who's who of planetary superior — BlackRock, Blackstone, Fidelity, Sequoia, Temasek, Coatue, and ARK Invest each participated.

For the archetypal time, OpenAI opened information to idiosyncratic investors done slope channels, raising implicit $3 cardinal from that tranche alone.

OpenAI said it is generating $2 cardinal successful gross per month, up from $1 cardinal per 4th astatine the extremity of 2024. ChatGPT has much than 900 cardinal play progressive users and implicit 50 cardinal subscribers. The institution claims 6x the monthly web visits and mobile sessions of the adjacent largest AI app, and 4x the full clip spent of each different AI apps combined.

Enterprise present makes up much than 40% of gross and is connected way to scope parity with user by extremity of 2026. The company's APIs process much than 15 cardinal tokens per minute. Codex, its coding agent, serves implicit 2 cardinal play users, up 5x successful 3 months.

OpenAI besides expanded its revolving recognition installation to astir $4.7 billion, supported by JPMorgan Chase, Citi, Goldman Sachs, Morgan Stanley, and others. That installation remains undrawn arsenic of March 31.

The institution framed the rise astir compute arsenic a strategical moat. Its infrastructure strategy present spans unreality partnerships with Microsoft, Oracle, AWS, CoreWeave, and Google Cloud, silicon done Nvidia, AMD, AWS Trainium, Cerebras, and its ain customized spot with Broadcom, and information centers done Oracle, SBE, and SoftBank.

Meanwhile, the institution said it is gathering a "unified AI superapp" that would harvester ChatGPT, Codex, browsing, and agentic capabilities into a azygous product.

The transportation is that arsenic models get much capable, the bottleneck shifts from quality to usability, and a azygous aboveground lets the institution construe exemplary improvements straight into adoption.

The $852 cardinal valuation places OpenAI supra each but a fistful of nationalist companies globally. For context, that is astir the marketplace headdress of Berkshire Hathaway, and larger than Visa, JPMorgan Chase, oregon Samsung.