AI Development

OpenAI nears $10B funding from MGX, Coatue, Thrive to reach $120B round

March 25, 2026 · Medium importance · markets
Editorial Analysis

OpenAI is finalizing $10 billion from venture investors including MGX, Coatue Management, Thrive Capital, and Altimeter Capital, bringing its latest round to approximately $120 billion. The capital will support compute infrastructure and talent acquisition amid competition from Anthropic. This represents one of the largest AI funding rounds globally and accelerates OpenAI's scaling.

At a Glance
Date
March 25, 2026
Importance
Medium 3/5
Category
markets
Axis of Change
Capital Concentration
Organizations
OpenAI
Models Affected
No specific model identified
Sources
  1. 01 economictimes.indiatimes.com
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