Topline
OpenAI announced a massive $110 billion investment round—vaulting the company at a $730 billion—thanks to funding from Amazon, NVIDIA and SoftBank, it announced Friday.
OpenAI announced a $110 billion investment round Friday through donations from Amazon, Nvidia and Amazon.
Getty Images
Key Facts
The artificial intelligence company said it will expand its global reach through the partnerships, which will help allow it to “bring frontier AI to more people, more businesses and more communities worldwide.”
OpenAI said Amazon will invest $50 billion through a multi-year partnership, with Amazon Web Services being the exclusive third-party cloud provider for OpenAI’s new “Frontier” enterprise program designed for companies to build and manage teams of AI agents.
Nvidia has already partnered with OpenAI, and the company said a new $30 billion investment will expand the computing capacity needed to build and deploy AI systems worldwide.
SoftBank Group Corp. Chairman and CEO Masayoshi Son said its $30 billion investment furthers its own artificial superintelligence strategy and will help “accelerate OpenAI’s research and ecosystem expansion.”
OpenAI, which was valued at $500 billion in October before its recent investment round, said 900 million people use ChatGPT weekly, including 50 million consumer subscribers and 9 million paying businesses.
Crucial Quote
“We are entering a new phase where frontier AI moves from research into daily use at global scale,” OpenAI said. “Leadership will be defined by who can scale infrastructure fast enough to meet demand, and turn that capacity into products people rely on.”
Big Number
$3.1 billion: That’s the net worth of OpenAI CEO Sam Altman, who took over the company in 2019.
Key Background
OpenAI’s last big funding round came last March, when SoftBank invested $40 billion at a then-$260 billion valuation. It has already received significant backing from Microsoft, which held a 27% stake in OpenAI’s for-profit arm as of October and has integrated the startup’s technology across its products. The latest funding round reflects intensifying competition among major technology companies, with Amazon CEO Andy Jassy telling CNBC OpenAI will “be one of the very big winners, we believe, longterm” within the AI space.
This is a developing story and will be updated
Source: https://www.forbes.com/sites/mikestunson/2026/02/27/openai-raises-110-billion-in-latest-round-valuing-firm-at-730-billion/
