4 outlets·6 reports
OpenAI, not yet public, raises $3B from retail investors in monster $122B fund raise
ThinkingNews Desk · how this was written
OpenAI closed a $122 billion funding round, valuing the company at $852 billion. The round included $3 billion raised from retail investors, made available through a trio of banks and ETFs managed by ARK Invest. The capital is intended to accelerate the next phase of AI development.
Written from all 4 reports below, not from any single one.
How it was reported
- Hacker News·OpenAI raises $122B
- TechMeme·OpenAI closed a $122B funding round led by SoftBank, a16z, and others at an $852B post-money valuation, after previously announcing the round would total $110B (Ashley Capoot/CNBC)
- TechMeme·OpenAI has tapped retail investors for the first time, raising $3B+ as part of its $122B round, through a trio of banks and ETFs managed by ARK Invest (George Hammond/Financial Times)
- Hacker News·OpenAI raises $122B to accelerate the next phase of AI
- The Next Web·OpenAI closes record $122 billion round at $852 billion valuation, opens door to retail investors for the first time
- TechCrunch·OpenAI, not yet public, raises $3B from retail investors in monster $122B fund raise
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