OpenAI Hits $852 Billion Valuation in Historic $122 Billion Raise, to Accelerate The Next Phase of AI - Tekedia

OpenAI closed the round with $122 billion committed, resulting in a post-money valuation of $852 billion.

The round began in February 2026 with an initial $110 billion tranche at a $730 billion pre-money valuation; Amazon ($50B), Nvidia ($30B) and SoftBank ($30B) led the initial phase.

Later participants included Andreessen Horowitz, MGX (Abu Dhabi), Coatue, Thrive Capital, TPG, T. Rowe Price and D.E. Shaw Ventures, with Microsoft continuing its participation.

OpenAI expanded its revolving credit facility to $4.7 billion, supported by JPMorgan Chase, Goldman Sachs and HSBC.

Funds are earmarked for compute, data centers, hiring and next‑generation model development; OpenAI is operating at a significant loss while pursuing more advanced AI (including AGI ambitions) and investors are betting on future upside; the valuation now exceeds Nike, McDonald’s and Goldman Sachs combined, and the deal includes a multi‑year model‑building and expanded AWS collaboration with Amazon.