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872 OpenAI Builds an M&A War Chest

The Information
Katie Roof @ The Information · 02/26/2026 19:34 EDT

OpenAI Builds an M&A War Chest

Will OpenAI make more acquisitions? The ChatGPT maker is in the process of raising $100 billion in additional cash. I wouldn’t be surprised if it uses some of that money or its richly valued shares to buy startups or lure even more talent. After all, it’s done this before. It used its stock to buy hardware guru Jony Ive’s startup, Io Products, in a $6.5 billion deal, when OpenAI was in the middle of raising a round that valued it at $260 billion before the funding. OpenAI is now on the cusp of a financing t

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