News published on 03/31/26 11:04 p.m.
(Agefi-Dow Jones)–The company OpenAI has completed the largest funding round in Silicon Valley history by raising nearly $122 billion in preparation for its initial public offering (IPO), the Wall Street Journal reported Tuesday.
According to the daily, Amazon, Nvidia, and SoftBank have committed to investing $110 billion in the publisher of the artificial intelligence (AI) tool ChatGPT, alongside American venture capital firms. OpenAI has also raised more than $3 billion from high-net-worth investors through banks, and announced its integration into several index funds (ETFs) managed by investment firm ARK Invest to provide expanded access to retail investors.
According to people familiar with the matter, the investment in OpenAI from ARK’s main fund, Innovation ETF, will represent 3% of its assets of $6 billion, which will be its first line among unlisted companies. Investment funds from T.Rowe Price and Fidelity will also hold OpenAI shares.
The publisher of ChatGPT plans to go public at the end of the year and intends to use these funds to invest heavily in artificial intelligence infrastructure to power the enormous computing needs of its research and products.
Site internet:
Agefi-Dow Jones The financial newswire
Did you like this article? Share it with your friends using the buttons below.
