OpenAI raises $110 billion in one of the largest private funding rounds in history

OpenAI has raised $110 billion in private funding for the company It was announced Friday morningbeginning one of the largest private financing rounds in history. The new financing consists of a $50 billion investment from Amazon as well as $30 billion each from Nvidia and SoftBank, versus a pre-cash valuation of $730 billion.

It is worth noting that the round is still open, and OpenAI expects more investors to join as it continues.

“We are entering a new phase as frontier AI moves from research to everyday use on a global scale,” OpenAI said. “Leadership will be determined by who can scale infrastructure fast enough to meet demand, and turn that capacity into products that people depend on.”

As part of the investment, OpenAI is launching important infrastructure partnerships with Amazon and Nvidia. As in previous rounds, a significant portion of the dollar amount will likely come in the form of services rather than cash, although the exact breakdown has not been disclosed.

The company’s previous round closed in March 2025, raising $40 billion at a valuation of $300 billion. At that time, it was The largest private financing round ever.

As part of it Amazon partnershipOpenAI plans to develop a new “stateful operating environment” in which OpenAI models will run Bedrock platform from Amazon. The company will also expand its range The AWS partnership was previously announcedwhich allocated 38 billion US dollars in computer services, amounting to 100 billion US dollars. OpenAI has committed to consuming at least 2 gigawatts of AWS Tranium compute as part of the deal, and also plans to build custom models to support Amazon consumer products.

“We have a lot of developers and companies excited about running services powered by OpenAI models on AWS, and our unique collaboration with OpenAI to provide specific operating environments will change how customers can build AI applications and agents,” Amazon CEO Andy Jassy said in a statement.

The information was I mentioned previously That $35 billion in Amazon investments could be contingent on the company achieving AGI or going public by the end of the year. OpenAI’s announcement confirms the funding split, but says only that the additional $35 billion will arrive “in the coming months when certain conditions are met.”

OpenAI provided fewer details about the Nvidia partnership, but said it was committed to using “3 gigawatts of dedicated inference capacity and 2 gigawatts of training on Vera Rubin systems” as part of the deal.

Nvidia’s participation in the round has been the subject of intense speculation, especially as reports of a $100 billion investment in September gave way to reports of a smaller investment in the months that followed.

In January, Huang rejected the idea that Nvidia would back away from OpenAI, saying: “We will invest a lot of money. I believe in OpenAI. The work they are doing is incredible.”