OpenAI, the developer of ChatGPT, has secured $8.3 billion in new funding. This round values the company at $300 billion. Dragoneer Investment Group led the investment with a $2.8 billion contribution. This significant OpenAI funding round closed on August 1, 2025.
Strategic Growth Fuels Oversubscribed Round
The oversubscribed round came months ahead of schedule. OpenAI previously raised $2.5 billion in March from venture capital firms. The company initially aimed to secure an additional $7.5 billion by year-end.
This latest capital infusion is part of OpenAI's broader strategy to raise $40 billion this year. The company has shown impressive growth, supporting this OpenAI funding. For instance, OpenAI hit $13 billion in annualized revenue. Projections indicate revenue could reach $20 billion by year-end.
OpenAI also surpassed 700 million ChatGPT weekly active users. The company continues its AI development efforts. Moreover, talks with Microsoft could further support its transition to a for-profit entity. Other major AI players include Anthropic and Google DeepMind, reflecting the competitive landscape for AI funding.
Many new investors participated in this OpenAI funding round. These include private equity giants Blackstone and TPG. Mutual fund manager T. Rowe Price also joined. Additional investors include Altimeter Capital, Andreessen Horowitz, Coatue Management, D1 Capital Partners, Fidelity Management, Founders Fund, Sequoia Capital, Tiger Global, and Thrive Capital.
