T Morning News | OpenAI raises $122 billion; Intel spends $14.2 billion to repurchase Irish factory; Multiple Radish Express vehicles in Wuhan halt operations

WealthCoffee · 2026-04-02T00:11:43+00:00

OpenAI announced on March 31st that it has completed its latest funding round, securing committed capital of $122 billion, with an overall valuation of $852 billion. This funding round was supported by multiple investors including Amazon, NVIDIA, and SoftBank.

WealthCoffee

2026-04-02 00:11:43

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OpenAI Raises $122B

On March 31, local time, OpenAI announced that it has completed its latest round of fundraising, securing committed capital of $122 billion, with a post-investment valuation of $852 billion. This round of financing included downside-protection funding from several investors, such as OpenAI’s strategic partners Amazon, NVIDIA, and SoftBank. Long-term partner Microsoft (Microsoft) continued to participate; SoftBank, together with a16z, D.E. Shaw Ventures, MGX, TPG, and accounts advised by T. Rowe Price Associates, co-led the round jointly.

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