TechFlow News, April 1—OpenAI has completed a $122 billion funding round, valuing the company at $852 billion. This marks the largest funding round in the company’s history, supporting its costly investments in chips, data centers, and talent. Most of the funds for this months-long fundraising effort came from three major technology companies: Amazon committed $50 billion, while NVIDIA and SoftBank Group each pledged $30 billion. A significant portion ($35 billion) of Amazon’s investment is contingent upon OpenAI achieving either an initial public offering or technical milestones related to artificial general intelligence (AGI).
This is the first time OpenAI has raised over $3 billion from individual investors via banking channels. OpenAI stated that it currently generates $2 billion in monthly revenue. Enterprise sales account for 40% of its revenue and are expected to rise to 50% by year-end. (Jinshi)
