OpenAI is now valued at $852 billion — that’s about 5 Disneys
The company just closed out the biggest funding round in Silicon Valley history, raising $122 billion.
Imagine what it could have been worth if it hadn’t shut down Sora!
OpenAI, the behemoth behind ChatGPT and still very much the cash-burning mass at the center of the AI universe, just closed out the biggest funding round in Silicon Valley history, raising a total of $122 billion and taking its current valuation to a genuinely staggering $852 billion.
The vast majority of the latest round comes from just three companies: Nvidia and SoftBank stumped up $30 billion apiece, while Amazon chipped in (a very much conditional) $50 billion — with the remainder made up of smaller sums from Andreessen Horowitz, MGX, and a host of other investors, per Bloomberg reporting.
Sam Altman’s company is now expected to IPO before the end of the year, according to reports, and the latest raise puts it well ahead of competitor Anthropic, which makes the Claude suite of products and raised a somewhat paltry by comparison $30 billion last month at a $380 billion valuation.
With its new jaw-dropping valuation, OpenAI is also now worth a great deal more than some of the biggest names in US business history.
All told, the AI giant is now valued at roughly the same as McDonald’s ($222 billion), Disney ($171 billion), Boeing ($156 billion), Uber ($148 billion), Comcast ($105 billion), and Ford ($46 billion)... combined.
Considering the insane deals the company has struck as of late, it shouldn’t find it too difficult to part ways with its newly raised capital.
