This OpenAI round is so unhinged
> $122B Raised (Largest private round ever)
> Amazon puts in $50B → OpenAI signed a $100B AWS deal.
> NVIDIA puts in $30B → OpenAI runs on NVIDIA GPUs.
> SoftBank put in $30B → They're co-building Stargate together.
$35B of Amazon's investment is contingent on OpenAI achieving AGI. Or going public.
They effectively made the singularity a contract term.
Meanwhile: $2B/month revenue. 900M weekly users. $14B in projected losses this year.
This is very much an IPO on ramp disguised as a vote of confidence. Buckle up

Today, we closed our latest funding round with $122 billion in committed capital at an $852B post-money valuation.
The fastest way to expand AI’s benefits is to put useful intelligence in people’s hands early and let access compound globally.
This funding gives us resources to

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