OpenAI’s valuation has surged 766% to $852 billion following a $122 billion funding round closed on March 31, 2026, up from roughly $100 billion two years ago. The company’s annualized revenue run rate is estimated between $24 billion and $40 billion as of mid-2026, though it remains unprofitable at scale. Secondary markets imply a valuation closer to $475 billion, a 44% discount to the primary funding round price. OpenAI confidentially filed for an IPO in June 2026 with a potential public listing targeted for 2027.
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