OpenAI closes $10B funding round as enterprise AI spending hits record highs - Silicon Canals

"OpenAI has closed a $10 billion funding round, one of the largest private capital raises in technology history, as enterprise spending on artificial intelligence reaches record levels across every major global market. The round values OpenAI at approximately $300 billion, cementing its position as the world's most valuable private technology company."

"Enterprise AI spending hit $13.8 billion in Q1 2025 alone, according to IDC's latest tracker data, representing a 59% year-over-year increase. Companies in sectors from logistics to pharmaceuticals to financial services are moving past pilot programs and into full production deployments. The experimentation phase is giving way to something more structural: AI line items in annual budgets, dedicated procurement processes, and C-suite roles built entirely around implementation."

"OpenAI itself has reportedly reached an annualized revenue run rate exceeding $11 billion, up from roughly $3.4 billion a year ago. That trajectory helps explain why investors are comfortable writing checks at a $300 billion valuation for a company that still operates at a significant loss. The bet is straightforward: whoever controls the foundational model layer will capture an outsized share of the value as adoption grows."

OpenAI completed a $10 billion funding round led by SoftBank, valuing the company at $300 billion and establishing it as the world's most valuable private technology company. The round included returning investors like Microsoft and Thrive Capital, plus new participants from Middle Eastern and Singapore sovereign wealth funds, demonstrating that AI investment has become a global phenomenon beyond Silicon Valley. Enterprise AI spending reached $13.8 billion in Q1 2025, representing 59% year-over-year growth, with companies across logistics, pharmaceuticals, and financial services moving from pilot programs to full production deployments. OpenAI's annualized revenue run rate exceeds $11 billion, up from $3.4 billion previously, justifying investor confidence despite the company's significant losses.

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