OpenAI's Latest Funding Breakthrough Exceeds $120 Billion, Additional $10 Billion to Close Next Week

BlockBeatNews

According to 1M AI News monitoring, OpenAI CFO Sarah Friar confirmed that the company received an additional $10 billion investment beyond the $110 billion funding in February, bringing the total for this round to “over $120 billion,” setting a new global record for a single-round funding. Participants in the additional round include a16z, Abu Dhabi MGX, D.E. Shaw Ventures, TPG, and T. Rowe Price, with the deal expected to close next week.

The main round in February was led by Amazon ($50 billion), NVIDIA ($30 billion), and SoftBank ($30 billion), with a pre-money valuation of $730 billion.

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