OpenAI officially closes $122 billion funding round at $852B valuation

OpenAI is by far the most used and valued AI lab, with 40% of revenue from enterprise customers. (Picture: Adobe)
Ahead of a possible stock market debut, the ChatGPT maker is also saying that it will be available in «several» market-traded ETFs managed by Ark Invest.

This will be the first time OpenAI can be traded by individual investors, and over $3 billion is being raised by banks.

The round is led by «strategic partners» Amazon, Nvidia and SoftBank, as previously reported, and OpenAI is committed to consume 2 gigawatts of compute from AWS as part of the deal.

In its announcement, OpenAI brags that ChatGPT has «more than 900 million weekly active users, and over 50 million subscribers. ChatGPT has 6x the monthly web visits and mobile sessions than the next largest AI app, while total AI time spent is 4x the next largest AI app.»

— These are not just growth milestones — they show that frontier AI is becoming part of everyday life for people around the world, they say.

At the same time, OpenAI is openly confirming that they are indeed building a super app, that will combine ChatGPT, Codex, browsing, and «broader agentic capabilities»

Read more: OpenAI’s announcement, CNBC, and TechCrunch.