OpenAI Reportedly Nears Another $10 Billion Funding Round at $730 Billion Valuation
OpenAI has continued to pour vast sums into model training, computing capacity and data centers since ChatGPT sparked the generative AI boom. The reported $730 billion post-money valuation reflects investor expectations for the commercialization of AGI and could affect the company’s competitiveness in chip procurement, cloud computing capacity and preparations for a future IPO.
As of July 19, 2026, OpenAI was reportedly close to completing a roughly $10 billion funding round backed by investors including MGX, Coatue Management, Thrive Capital and Altimeter Capital. The proceeds will fund in-house AI chips, data centers and AGI research while deepening cooperation with Broadcom, TSMC and Middle Eastern investors.
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The history behind this eventOpenAI Raises Record $122 Billion at $852 Billion Valuation
OpenAI’s capital needs have surged as it has continued investing in large models, AI chips and data centers since launching ChatGPT in November 2022. The SoftBank-led financing set records for a single funding round in Silicon Valley and the AI industry. It also reflects OpenAI’s push into the enterprise market and preparations for a potential IPO.
OpenAI announced in July 2026 that it had completed a $122 billion funding round at a post-money valuation of $852 billion, while monthly revenue had surpassed $2 billion. The proceeds will fund chips, data centers and model development. Some employees will also be able to sell shares through the transaction, and OpenAI tapped retail investors through bank distribution channels for the first time.
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