OpenAI announced a $110 billion funding round. Amazon invested $50 billion ($15 billion initially, with $35 billion more upon meeting conditions), while NVIDIA and SoftBank invested $30 billion each, at a reported pre-money valuation of $730 billion. The same day, OpenAI and Amazon announced a multi-year strategic partnership under which AWS became the exclusive third-party cloud distribution provider for OpenAI Frontier, OpenAI's agent platform, and OpenAI would consume 2 gigawatts of Trainium compute capacity through AWS. The round drew attention as one of the largest private raises in history.
27February 2026
BusinessConfirmed
OpenAI announces $110 billion round backed by Amazon, NVIDIA, SoftBank
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- funding
- partnership
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Later developments
31 March 2026 · Development
OpenAI announced the round ultimately closed at $122 billion in committed capital at an $852 billion post-money valuation, co-led by SoftBank alongside investors including Andreessen Horowitz and D. E. Shaw Ventures.