- OpenAI said it raised $110 billion in its latest funding round.
- Amazon invested $50 billion, Nvidia invested $30 billion and SoftBank invested $30 billion in the round, OpenAI said Friday.
- OpenAI continues to grow at a rapid pace, but the AI giant faces intensifying competition from Anthropic and Google.
OpenAI has closed a $110 billion funding round, a financing that’s more than double the size of its last raise a year ago, which was a record for a private tech company.
Amazon
invested $50 billion, Nvidia
invested $30 billion and SoftBank
invested $30 billion in the round, OpenAI said in a release on Friday. The investment boosts OpenAI to a $730 billion pre-money valuation, which marks a big jump from its $500 billion valuation in a secondary financing in October. Other investors are expected to join as the round progresses, OpenAI said.
“We’re super excited about this deal,” OpenAI CEO Sam Altman told CNBC’s “Squawk Box” on Friday. “AI is going to happen everywhere. It’s transforming the whole economy, and the world needs a lot of collective computing power to meet the demand.”
https://www.cnbc.com/2026/02/27/open-ai-funding-round-amazon.html