"OpenAI closed a $122 billion funding round on March 31, 2026, pushing its post-money valuation to $852 billion and setting a new record for private capital raises."
"Amazon anchored the round with $50 billion, which includes an expanded cloud agreement worth an additional $100 billion over eight years."
"The capital is directed toward compute infrastructure, model development, and product expansion, with OpenAI describing its growth model as a flywheel."
OpenAI closed a $122 billion funding round on March 31, 2026, raising its post-money valuation to $852 billion. The round built on a previous $110 billion commitment and exceeded the $100 billion target. Amazon anchored the round with $50 billion, while Nvidia and Softbank contributed $30 billion each. Major investors included Microsoft, A16z, and several institutional participants. OpenAI also raised over $3 billion through bank channels for individual investors. The capital will be used for compute infrastructure, model development, and product expansion.
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