
OpenAI's $122B Round Adds Retail Access Before IPO
OpenAI closed its funding round at $122 billion and $852 billion valuation on March 31, with $3 billion going to retail investors via banks for the first time.

OpenAI closed its funding round at $122 billion and $852 billion valuation on March 31, with $3 billion going to retail investors via banks for the first time.

Jensen Huang confirmed Nvidia's $30B OpenAI investment will likely be its last direct equity stake, killing the $100B pledge as OpenAI races toward a public listing at a $730B valuation.

OpenAI has finalized a $110 billion funding round backed by Amazon, NVIDIA, and SoftBank, valuing the company at $730 billion pre-money. But $35 billion of Amazon's commitment hinges on an IPO or AGI milestone.

OpenAI projects $600 billion in compute spending through 2030, with NVIDIA investing $30 billion and a potential $1 trillion IPO. But inference costs quadrupled in 2025 and the Stargate project faces internal disputes.

OpenAI is finalizing the largest private funding round in history, with Amazon, SoftBank, Nvidia, and Microsoft committing over $100 billion at a valuation exceeding $850 billion.

Nvidia abandons its $100B infrastructure partnership with OpenAI after five months of stalling, replacing it with a $30B equity stake as OpenAI's record-breaking funding round nears $100B at an $850B valuation.