OpenAI closes $122B raise at $852B valuation, hits $2B monthly revenue and 900M weekly ChatGPT users
Apr 1, 2026
Key Points
- OpenAI closes $122 billion funding round at $852 billion valuation, the largest private financing ever completed.
- ChatGPT reaches 900 million weekly users while OpenAI generates $2 billion in monthly revenue, with enterprise revenue now exceeding 40% of total.
- Codex coding product hits 2 million weekly users with 70% month-over-month growth, signaling expansion beyond consumer AI.
Summary
OpenAI closed a $122 billion funding round at an $852 billion post-money valuation, securing what appears to be the largest private financing ever completed. The round was upsized from its original target, underscoring investor appetite for the company.
The fundraise lands as OpenAI reports explosive growth across its core metrics. The company now generates $2 billion in monthly revenue, with an ads pilot reaching $100 million in annualized revenue in under six weeks. ChatGPT maintains dominance in consumer AI with 900 million weekly active users and over 50 million subscribers. Enterprise revenue now accounts for more than 40% of total revenue and is on track to reach parity with consumer by 2026.
Codex, OpenAI's coding product, serves 2 million weekly active users, up fivefold in three months with usage growing 70% month over month. The company raised over $3 billion from individual investors in this round and emphasized that NVIDIA remains foundational to its infrastructure, training fleet, and inference stack.
OpenAI is positioning itself around a unified AI super app strategy, consolidating its product suite into a single interface. The company also signaled a policy agenda, announcing plans to release a series of policy proposals aimed at rethinking the social contract.
The funding spike reflects a broader shift in how capital flows to AI companies. Global venture capital dollar volume jumped from just over $100 billion to nearly $300 billion in Q1 2026, but even excluding OpenAI and Anthropic's mega-rounds, venture funding was still up 40% quarter over quarter. The scale of sovereign wealth and corporate capital flowing into frontier AI companies now dominates what was historically a venture capital category.