techcrunch.com/2026/03/31/openai-not-yet-public-raises-3b-from-retail-investors-in-monster-122b-fund-raise
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This page reports that OpenAI has closed a $122 billion funding round at an $852 billion valuation, its largest to date, with an expected IPO this year. The round was co-led by SoftBank and Andreessen Horowitz, joined by D.E. Shaw Ventures, MGX, TPG, T. Rowe Price Associates, Amazon, Nvidia, and Microsoft. About $3 billion came from retail investors through banking channels. OpenAI will be included in several ARK Invest ETFs, broadening its shareholder base ahead of the anticipated IPO. The company also expanded its revolving credit facility to $4.7 billion with support from major global banks to enhance financial flexibility for increased compute and infrastructure spending.
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