OpenAI disclosed an additional fundraising of $10 billion, bringing the total financing before the IPO to over $120 billion

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

Friar stated that this new funding brings the total amount of OpenAI's funding round to "over $120 billion," far exceeding the $110 billion announced last month. OpenAI announced its first round of funding 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 funding. Notably, Microsoft, as a long-term investor in OpenAI and one of its main computing service providers, also participated in this round of funding.