
OpenAI has secured a record $110 billion funding round led by Amazon, Nvidia, and SoftBank, valuing the company at $730 billion pre-money and $840 billion post-money. Amazon is the largest investor with a $50 billion commitment, including an initial $15 billion investment followed by $35 billion subject to conditions. The partnership includes OpenAI's expanded use of Amazon Web Services and Trainium AI chips. Despite the new investments, OpenAI and Microsoft reaffirmed their ongoing collaboration. The funding aims to support AI infrastructure, model development, and global deployment ahead of OpenAI's anticipated IPO.
Select a news story to see related coverage from other media outlets.