The Fundrise Innovation Fund (VCX) Participates in OpenAI's $122 Billion Funding Round
(VCX)
Company Research
Source: Business Wire
OpenAI, the creator of ChatGPT and a leading AI infrastructure company, has closed its largest funding round to date at a valuation of $852 billion WASHINGTON--(BUSINESS WIRE)--The Fundrise Innovation Fund (VCX) today announced its participation in OpenAI's latest funding round, increasing its existing position in one of the world's most consequential technology companies.This week, OpenAI announced that it had closed a new financing round of $122 billion in committed capital at a post-money valuation of $852 billion — one of the largest private funding rounds in history. The round was anchored by Amazon, which committed $50 billion, alongside Nvidia and SoftBank at $30 billion each. Microsoft, OpenAI's longtime partner, also participated. Additional investors included Andreessen Horowitz, D. E. Shaw Ventures, MGX, TPG, and T. Rowe Price Associates.1In addition, OpenAI shared that it now generates $2 billion in monthly revenue, up from $1 billion at the end of 2024. The company cur
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