OpenAI closes $122 billion funding round at $852 billion valuation to expand AI infrastructure
Summary
OpenAI has closed a massive $122 billion funding round at an $852 billion post-money valuation, positioning itself as core AI infrastructure. The company aims to expand frontier AI globally, invest in next-generation compute, and meet growing demand for ChatGPT, Codex, and enterprise AI solutions. The funding will support the shift from basic model access to intelligent systems that reshape business operations, with ChatGPT serving as a powerful distribution channel into workplaces and developers building on the platform via APIs and Codex.
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Key quotes
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The broad consumer reach of ChatGPT creates a powerful distribution channel into the workplace, where demand is rapidly shifting from basic model access to intelligent systems that reshape how businesses operate.
Developers build on and expand the platform by leveraging our APIs, and Codex is transforming how developers turn
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