OpenAI
About $26154 raised for every $1 obligated. 100% of it came through Other Transactions (OTs).
OpenAI is excluded from the chart and totals because its scale or business mix would swamp the comparison. Its figures are shown here for reference. Why
Capital raised
$170B
Federal obligations, FY2020–FY2026
$6.5M
Raised per $1 obligated
26,154×
Latest valuation
$852B
Mar 2026 round
Obligations by fiscal year
Year-by-year figures are not available for this company yet.
Contract mix
- Prime contracts
- $0
- Other Transactions
- $6.5M
- Subawards
- $0
Notes
- Funding
- Approximate; Oct 2026 reports of talks at $1.4T pre (not used)
- Obligations
- 2025 $200M CDAO agreement: only ~$6.5M found obligated
Cite this: Defense Tech Signals, "Capital vs. Contracts: OpenAI," data as of 2026-11-08, https://data.defensetechsignals.com/c/openai/.
Coverage: prime contracts, IDVs and grants (USAspending), direct Other Transactions (FPDS) and subawards received, FY2020–FY2026. Not included: consortium OTs, FY 2027 so far, loans and classified work. Capital raised: Compiled from announcements and press (Oct 2026).