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OpenAI’s $122 billion round: AI’s IPO journey

Is OpenAI preparing to become the world's most valuable tech company, or is it just a giant AI experiment?

OpenAI has clinched an impressive $122 billion valuation in its latest financing round, raising $3 billion from retail investors. This mammoth fund raise adds to the company’s war chest as it continues to pour money into AI chips and data centres.


The investment comes from a stellar lineup including SoftBank, Andreessen Horowitz, and Amazon, with OpenAI also set for inclusion in several ETFs ahead of its expected IPO. The company is now valued at an astounding $852 billion, making it one of the most valuable tech companies in the world.


In a press release that reads like a draft S-1 filing, OpenAI trumpets its financial gains, including a monthly revenue of $2 billion and more than 900 million weekly active users. Its newest model GPT-5.4 is driving business growth across agentic workflows, with ads bringing in over $100 million in just six weeks.


OpenAI’s ambition to own the primary interface for AI use means it's not just a tech company—it’s shaping how people interact with artificial intelligence. The question remains: will this be humanity's next big leap forward or an overvalued experiment?

Original source:  https://techcrunch.com/2026/03/31/openai-not-yet-public-raises-3b-from-retail-investors-in-monster-122b-fund-raise/
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