Capital · available
~$180B cumulative raised (of which the ~$110-122B Feb-2026 round is committed, not yet fully drawn); $852B valuation is the mark, not drawable cash
Sourced figures 4
- Wikipedia — OpenAI $40B SoftBank-led round at $300B post-money
- Wikipedia — OpenAI (attrib. Reuters) Microsoft cumulative >$13B through 2023
- Wikipedia — OpenAI ~$110-122B committed at $730B->$852B (Amazon/SoftBank/Nvidia)
- Wikipedia — OpenAI $6.6B employee secondary at $500B (EXCLUDED — insider liquidity, not new capital)
the working
Threads 24
- GPT-5.6
- Jalapeño
- OpenAI IPO
- Microsoft's Hedge
- Circular Financing
- Stargate
- Frontier Gatekeeping
- Containment Breach
- Nippon Life v. OpenAI
- Where the Capex Lands
- Compute Spend
- Datacenter Sites
- Nvidia's Order Book
- In-House Silicon
- Camellia
- Big Tech into Health
- OpenAI Health
- Lab IPO Wave
- Nvidia as Lender
- Oracle's Stargate Bet
- The #2 Cashes In
- The Rogue Agent
- AI Psychosis
- The Backlash Prices In
A claim is one metric we assert about a node — the value is the summary, this page is the receipt. Sourced from kestrel; supersedes-history not yet shown. Back to OpenAI.
