OpenAI raises $122B to accelerate AI phase

OpenAI has announced the closure of its latest funding round, raising $122 billion at an $852 billion valuation. This capital will accelerate the next phase of AI development, positioning OpenAI as core infrastructure for AI innovation. The company highlighted rapid user growth for ChatGPT, reaching 1 billion weekly active users and generating $2 billion in monthly revenue, outpacing historical internet giants. Key investors include Amazon, NVIDIA, SoftBank, and Microsoft, with participation from numerous global institutions and individual investors through bank channels. OpenAI is also being included in several ARK Invest ETFs.