A formidable consortium of financial and technological giants, including Amazon, Nvidia, SoftBank, Andreessen Horowitz, D.E. Shaw Ventures, and Microsoft, underscores the immense appeal of OpenAI. On April 1, 2026, the company officially confirmed the closure of its latest funding round, amassing an impressive $122 billion. This substantial figure surpasses the $110 billion initially announced at the end of February.
OpenAI Secures $122 Billion Funding, Profitability Remains Elusive
By Rupert Blackwood
Investigative journalist based in Sheffield, focusing on technology's impact on society. Rupert specializes in cybercrime's effect on communities, from online fraud targeting elderly residents to cryptocurrency scams. His reporting examines social media manipulation, digital surveillance, and how criminal networks operate in cyberspace. With expertise in computer systems, he connects technical complexity with real-world consequences for ordinary people