OpenAI raises $122 billion to accelerate the next phase of AI

OpenAI announced it closed a funding round with $122 billion in committed capital at a post-money valuation of $852 billion. The round was anchored by Amazon, NVIDIA, and SoftBank, with continued participation from Microsoft, and it included over $3 billion raised from individual investors through bank channels. OpenAI reported more than 900 million weekly ChatGPT users and said it is now generating $2 billion in revenue per month.