OpenAI Closes Record $110B Raise
OpenAI just closed the largest startup fundraise in history — a massive $110B round from Amazon, NVIDIA, and SoftBank. The deal puts the company at a staggering $840B post-money valuation. The scale of the investment underscores how central AI has become to big tech's strategic roadmap.
The $110B deal breaks down into a $50B commitment from Amazon, with $30B each from NVIDIA and SoftBank, giving OpenAI a pre-money valuation of $730B. Amazon's investment is phased, starting with an initial $15B and a subsequent $35B contingent on meeting certain conditions. Upon completion, SoftBank will hold an approximate 13% stake in the company. This funding is deeply tied to strategic infrastructure partnerships. Amazon Web Services will become the exclusive third-party cloud provider for "OpenAI Frontier," a new platform for building and managing AI agents. OpenAI has also committed to using 2 gigawatts of AWS's Trainium AI accelerators and expanded its collaboration with NVIDIA, securing
