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OpenAI

AI & Machine Learning · San Francisco, California · Private

OpenAI develops ChatGPT and a model platform used by consumers, developers, and enterprises.

$852BLatest valuationMarch 2026 post-money
$122BLatest fundingCommitted capital
1B+Weekly usersCompany target, not current count
PrivatePublic statusIPO filing reported

The Company

OpenAI turned ChatGPT into one of the largest consumer distribution channels in technology and continues to expand across API, enterprise, and agentic products.

Its March 2026 financing brought $122 billion in committed capital at an $852 billion post-money valuation. The capital supports the enormous compute and infrastructure investment required to keep improving and serving frontier models.

Why It Matters

OpenAI is central to the private-market AI cycle and to public companies supplying compute, cloud capacity, chips, and enterprise distribution. Its eventual IPO would set a reference point for the economics and valuation of frontier AI.

Valuation History

  1. $29.0B→Apr 2023Share sale to Thrive, Founders Fund and others ($27–29B)Source ↗
  2. $157.0B→Oct 2024$6.6B funding roundSource ↗
  3. $300.0B→Mar 2025$40B round led by SoftBankSource ↗
  4. $852.0B→Mar 2026Latest fundingSource ↗

What Changed

  1. OpenAI is established as an AI research organization.

  2. ChatGPT launches and creates a mass-market AI distribution channel.

  3. Enterprise and developer adoption broaden beyond consumer chat.

  4. A $122 billion financing funds the next phase of model and infrastructure expansion.

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