OpenAI’s $122 Billion Mega-Round Dwarfs Nearly Every S&P 500 Giant, But With Zero Profit
OpenAI closed its latest funding round with $122 billion in committed capital at an $852 billion post-money valuation, making it the largest private raise in technology history. The round was anchored by Amazon, Nvidia, and SoftBank, with continued participation from Microsoft. An additional $3 billion came from individual investors through bank channels for the first … Read more