surprisetalkOpenAI closes funding round at an $852B valuation
https://openai.com/index/accelerating-the-next-phase-ai
https://www.cnbc.com/2026/03/31/openai-funding-round-ipo.html
No, they didn't raise $122B as the HN title implies. A big chunk of that $122B is a "maybe" that depends on various things that need to happen in the future.
Oh, man... I can't wait to see where this is going. Might not be pretty after all.
that being said, how can Softbank keep throwing around all these astronomical numbers after so many bad investments? Leftover iPhone money?
Most people know Softbank as the company who lost billions on WeWork and not the company who made several more billions on the ARM IPO.
with these swings, I'm not sure how Son-san keeps himself from getting an ulcer