OpenAI revealed an additional fundraising of 10 billion dollars, with total financing exceeding 120 billion dollars before the IPO

According to market news, OpenAI's Chief Financial Officer Sarah Friar revealed in an interview that as part of its historic financing round, OpenAI is raising an additional $10 billion from investors.

Friar stated that this new funding brings the total amount of OpenAI's financing round to "over $120 billion," significantly exceeding the $110 billion announced last month. OpenAI announced its first round of financing at the end of February, which is seen as the last round of private financing before a potential initial public offering (IPO).

According to Friar, Andreessen Horowitz, D.E. Shaw Ventures, MGX, TPG, and T. Rowe Price participated in this new $10 billion financing. Notably, Microsoft, as a long-term investor in OpenAI and one of its main computing service providers, also participated in this round of financing.