OpenAI said it closed a major funding round that provided $122 billion and set its valuation at $852 billion.

Funding round details

The company reported participation from several large investors, including strategic and financial backers across the tech sector.

• Amazon — $50 billion
• Nvidia — $30 billion
• SoftBank — $30 billion
• Other participants: Microsoft, a16z, BlackRock and additional investors.

Market context

By valuation, OpenAI’s size becomes comparable to major segments of the cryptocurrency industry when measured in aggregate.

Excluding bitcoin, USDT and USDC, the remainder of the crypto market is reportedly valued below the company’s new mark.

Scale and significance

The round ranks among the largest funding events in technology history and further concentrates capital in the artificial intelligence sector.

Stake allocations and governance terms were not detailed in the announcement, while the deal highlights growing investor focus on AI platform companies.