LeadStory

CNBC

OpenAI opens up to retail as it closes record $122 billion round

CNBC · Current
CNBC
CNBC
Current

OpenAI closed a $122 billion financing at an $852 billion post-money valuation, adding another $12 billion from venture investors and widening its enterprise push through Amazon Web Services. For the first time, it opened part of the raise to retail investors.

Breakdown
  • OpenAI closed a $122 billion round, reaching an $852 billion valuation 4s
  • Over $3 billion raised from retail investors for the first time 17s
  • OpenAI now earns $2 billion monthly, with 50 million subscribers 1m 6s
  • Shares to be offered via ARK Invest ETFs; enterprise growth driven by Amazon partnership 45s
  • Full Amazon investment requires IPO or AGI milestone to unlock all funds 1m 57s
Companies & StartupsFinanceBusiness