IPO

OpenAI has raised $8.3 billion in a highly oversubscribed round led by Dragoneer Investment Group, bringing its valuation to $300 billion. The funding will accelerate OpenAI’s expansion into global AI infrastructure, monetization of ChatGPT, and broader enterprise deployment. With over 700M weekly users and $12–13B in annualized revenue, OpenAI is now one of the most capitalized AI firms worldwide, and possibly on the path to an IPO.