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OpenAI Adds $10 Billion, Taking Financing Round Above $120 Billion

OpenAI Adds $10 Billion, Taking Financing Round Above $120 Billion

Chief Financial Officer Sarah Friar said in an interview that the company expanded the fundraising beyond the $110 billion round announced in late February, with backing from Microsoft and major investment firms.

Fact Check
The claim is corroborated by OpenAI's own February announcement of a $110 billion round and subsequent reports from major financial news outlets (CNBC, Bloomberg, Seeking Alpha) on March 24, 2026, quoting CFO Sarah Friar regarding the $10 billion expansion to a $120 billion total.
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Terms & Concepts
  • Financing round: A capital-raising event in which a company secures money from investors to fund growth, operations, or strategic initiatives.