Apr. 1 at 2:18 PM
OpenAI has raised
$122B in a funding round that values the company at
$852B
Investors in the funding round included its partners
$MSFT $AMZN $NVDA & SoftBank
SoftBank was among the leaders of the funding round, along w/ a16z, D.E. Shaw Ventures, MGX, TPG, & accts advised by
$TROW
The round raised more than
$3B from individual investors thru bank channels & it will now be included in several ETFs managed by ARK Invest
OpenAI has expanded its revolving credit facility to around
$4.7B
OpenAI is now generating
$2B in revs/month & soon expects to achieve 1B weekly users
ChatGPT's enterprise customers account for more than 40% of total revs & remains on track to reach parity w/ consumer revs by the end of this year
Additionally, OpenAI said it is building a unified AI superapp that integrates ChatGPT, Codex, browsing, & agent-based capabilities into a single platform aimed at driving both consumer adoption & enterprise deployment at scale