OpenAI raises $122B in record funding round

OpenAI just closed a massive $122 billion funding round, valuing the company at $852 billion. This isn’t just about more cash—it’s a signal that AI is becoming as essential as the internet itself. The company says it’s now the fastest-growing tech platform ever, with revenue hitting $2 billion a month and growing four times faster than giants like Alphabet and Meta. The investment comes from heavy hitters like Amazon, NVIDIA, SoftBank, and Microsoft, plus a bunch of other big-name firms. OpenAI’s flywheel—consumer adoption (ChatGPT near 1 billion users), enterprise deployment, developer tools like Codex, and cheap compute—is turning AI capability into real economic impact. Why it matters: This cements OpenAI as the de facto infrastructure layer for AI, meaning whoever controls the most compute and distribution will likely dominate the next decade of technology.