OpenAI raises $110B on $730B pre-money valuation
5 hours ago
- #AI
- #Tech
- #Funding
- OpenAI raises $110 billion in private funding, one of the largest rounds in history.
- Investors include Amazon ($50B), Nvidia ($30B), and SoftBank ($30B) at a $730B pre-money valuation.
- Funding round remains open, with expectations of more investors joining.
- OpenAI announces infrastructure partnerships with Amazon and Nvidia, including services and compute commitments.
- Amazon partnership includes a new 'stateful runtime environment' and expanded AWS compute services worth $100B.
- Nvidia partnership involves commitments to 3GW of inference capacity and 2GW of training on Vera Rubin systems.
- Previous funding round in March 2025 raised $40B at a $300B valuation.
- Amazon's $35B investment may be contingent on OpenAI achieving AGI or an IPO by year-end.
- Nvidia CEO Jensen Huang reaffirmed strong support for OpenAI despite earlier speculation.