
OpenAI Closes Record $122B Funding Round as IPO Anticipation Builds
OpenAI completed a record $122 billion funding round with a post-money valuation of $852 billion, co-led by SoftBank and other investors. Its ChatGPT platform boasts over 900 million weekly active users. CEO Sam Altman addressed the 2026 Infrastructure Summit as the company faces scrutiny over its valuation and IPO prospects. To manage costs, OpenAI has shut down products like Sora. The firm emphasizes AI's role in boosting productivity and innovation.






















