International Companies
OpenAI clinches $122bn funding round, pushing valuation to $852bn
By Iain Gilbert
Date: Wednesday 01 Apr 2026
(Sharecast News) - ChatGPT owner OpenAI said late on Tuesday that it had closed a record funding round, valuing the business at $852bn on a post‑money basis.
OpenAI's latest round brought in $122bn of committed capital, up from the $110bn flagged in February, with SoftBank co‑leading the raise alongside investors including Andreessen Horowitz and DE Shaw Ventures.
OpenAI has grown into one of the world's fastest‑expanding tech companies. As of March, ChatGPT had more than 900m weekly active users, including over 50m paying subscribers.
"AI is driving productivity gains, accelerating scientific discovery, and expanding what people and organizations can build," said OpenAI. "This funding gives us the resources to continue to lead at the scale this moment demands."
With the close of its latest funding round, OpenAI chief executive Sam Altman will be under pressure to justify the firm's massive valuation, especially as it gears up for a potential IPO. The startup has been retreating from some hefty spending plans and shuttering certain features and products in recent months, including its short-form video app Sora, as it looks to rein in costs.
OpenAI added that it was generating roughly $2bn in monthly revenue, having booked $13.1bn in 2025. However, the company remains loss‑making and continues to burn through cash.
"Moments like this do not come often," OpenAI said. "The capital being deployed today is helping build the infrastructure layer for intelligence itself. Over time, that value will flow back into the economy, to companies, to communities, and increasingly to individuals."
Reporting by Iain Gilbert at Sharecast.com
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