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OpenAI raises $122B at an $852B valuation, led by Amazon, NVIDIA and SoftBank
OpenAI announced $122 billion in committed capital at an $852 billion post-money valuation, with Amazon, NVIDIA and SoftBank among the leads, plus a $4.7 billion revolving credit facility. It reported more than 900 million weekly ChatGPT users and over 50 million subscribers, and for the first time raised money from individual investors through bank channels. For practitioners, the scale of the raise underlines how compute access remains the main competitive lever among frontier labs.
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