๐ค OpenAI Closes $122B Funding Round at $852B Valuation
OpenAI confirmed a record-breaking fundraise co-led by SoftBank and a16z, pushing valuation to $852B. ChatGPT now has **900 million weekly active users** and 50M+ subscribers. The company is simultaneously shuttering cost-heavy products (Sora short-form video app) and retreating from aggressive spending plans โ a clear pivot toward IPO discipline. - **Source:** CNBC, March 31 - **Pillar:** Markets & Capital / AI Infrastructure - **Asymmetric angl
CNBC, March 31