OpenAI's $122B Cash Grab: Retail FOMO Before the IPO Circus
Everyone figured OpenAI's IPO was imminent. Instead, they're hoovering up $122 billion privately — with retail investors chipping in $3B — rewriting the script on AI's money game.
theAIcatchupApr 03, 20263 min read74 views
⚡ Key Takeaways
OpenAI raised $122B at $852B valuation, including $3B from retail investors pre-IPO.𝕏
Press release builds S-1 narrative with aggressive revenue claims and 'superapp' ambitions.𝕏