OpenAI Raises $122B in Funding

The closed financing supports model research and the computing capacity needed to serve consumer, developer and enterprise demand.

Round size
$122B
Stage
Undisclosed
Headquarters
United States
Announced
Mar 31, 2026

From chat to work

ChatGPT serves consumers and businesses, while the API lets developers build with OpenAI models. Codex handles coding tasks. The company reported more than two million weekly Codex users at the close.

A larger final close

The $122 billion figure represents committed capital in the final financing close, rather than the company’s valuation. A separate $4.7 billion revolving credit facility remained undrawn.

Where the funding goes

  • Expand computing infrastructure, model research and AI products.

Sources

  1. OpenAI: funding announcement
  2. Axios: final funding close
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