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In early 2026 OpenAI assembled a private funding round that grew from $110 billion to $122 billion in committed capital, closing on 31 March 2026 at an $852 billion post-money valuation, with Amazon, SoftBank, Nvidia and Microsoft among the backers.
On 16 September 2025, Figure announced more than US$1 billion in committed capital in a Series C round led by Parkway Venture Capital, at a US$39 billion post-money valuation, money it says will go toward its Helix AI platform and BotQ manufacturing.
In June 2025 Perplexity closed a $500 million round at a $14 billion valuation, up from about $520 million in January 2024, as its annual recurring revenue grew from single-digit millions toward $200 million.
In spring 2025 OpenAI raised $40 billion at a $300 billion post-money valuation in a round led by SoftBank Group, with about 500 million weekly ChatGPT users and 20 million paid subscribers as the backdrop.
On 23 January 2023 Microsoft announced a multiyear, multibillion-dollar extension of its OpenAI partnership, making Azure OpenAI's exclusive cloud for all OpenAI workloads.
On 9 May 2022 Hugging Face announced a $100 million Series C round led by Lux Capital, valuing the company at $2 billion; the round was framed as building the GitHub of machine learning.
On 12 May 2008 iFlytek, a speech-technology company founded by university students, listed on the Shenzhen Stock Exchange's SME board, becoming China's only listed intelligent-speech firm at the time after choosing the A-share market over Nasdaq.
