****OpenAI $292B+ total financing ($122B close at $852B val confirmed); ends MSFT exclusivity + SoftBank $70B + Amazon/Nvidia + $25B ARR + $600B compute + doubled $20B Cerebras + 20+ acqs (Hiro/TBPN/Statsig/Windsurf) + $1.5B DeployCo PE JV + Stargate US progress + 2026 IPO/Helion****
$122B closed at $852B (total $292B+), some investor scrutiny amid strategy shift to multi-cloud; ends MSFT exclusivity enabling AWS/others; $25B ARR; $1.5B DeployCo JV ($10B val w/TPG/Bain) for enterprise AI deployment confirmed; Cerebras/Hiro acqs; Stargate advancing; PE JV/IPO rumors lead Q1 VC.
Sources (6)
Updated Apr 28, 2026