OpenAI Secures Record $110 Billion Round at $730 Billion Valuation

Record-Breaking $110 Billion for the ChatGPT Maker

OpenAI has closed a $110 billion funding round at a $730 billion valuation, marking what the Financial Times reports as the largest startup fundraise in history. Amazon led with $50 billion, while SoftBank and Nvidia each contributed $30 billion.

"Helping AI reach more people requires deep collaboration across the ecosystem. Today we're announcing new investment, with support from @SoftBank, @NVIDIA, and @Amazon, to scale the infrastructure needed to bring AI to everyone." — OpenAI (@OpenAI), original post

OpenAI CEO Sam Altman described SoftBank, Nvidia, and Amazon as long-term partners who share the company's mission to turn real scientific breakthroughs into systems that deliver tangible benefits to millions of people worldwide.

Why This Matters

The sheer scale of this round underscores the accelerating capital flows into artificial intelligence. For context, OpenAI's rival Anthropic raised $30 billion at a $380 billion valuation in February, backed by D. E. Shaw Ventures, Dragoneer, Founders Fund, ICONIQ, and MGX. Meanwhile, xAI — the company behind the Grok chatbot — secured $20 billion in early January from Valor Equity Partners, Stepstone Group, Fidelity Management & Research Company, and other backers.

OpenAI plans to deploy the capital toward global expansion, infrastructure development, and balance sheet strengthening. The round boosted OpenAI Foundation's stake in the company to over $180 billion, expanding the nonprofit's capacity to fund healthcare and AI safety initiatives.

Additional investors are expected to join the round. Media reports from October indicated OpenAI was preparing for an IPO at a $1 trillion valuation, with Reuters sources anticipating a filing in the second half of 2026.

Strategic Partnerships with Amazon and Nvidia

Alongside the funding, OpenAI forged a strategic partnership with Amazon.

"We're partnering with @Amazon to accelerate AI innovation for enterprises, startups, and end consumers around the world." — OpenAI Newsroom (@OpenAINewsroom), original post

The two companies are jointly building an execution environment powered by OpenAI models, accessible through Amazon Bedrock. The technology will enable neural networks to maintain context, interact with compute resources, memory, and identity systems, and integrate with existing AWS applications. Launch is expected in the coming months.

Amazon Web Services will serve as the sole third-party provider for OpenAI Frontier, allowing companies to build and orchestrate AI agents with enterprise-grade security without managing infrastructure directly.

Under an eight-year, $100 billion agreement — supplementing an existing $38 billion deal — OpenAI will utilize approximately 2 GW of Trainium capacity on AWS infrastructure, providing long-term compute resources and reducing the cost of scaling AI.

Expanded Nvidia Collaboration

OpenAI also deepened its multi-year relationship with Nvidia, adding 3 GW of dedicated inference capacity and 2 GW for training on Vera Rubin systems. These resources complement the existing Hopper and Blackwell deployments across Microsoft, OCI, and CoreWeave platforms.

Earlier in February, OpenAI reduced its planned compute spending through 2030 from $1.4 trillion to $600 billion.