OpenAI Closes Record $110B Funding Round

This funding round is the largest in the history of private technology financing. The new capital injection elevates OpenAI's post-money valuation to an estimated $840 billion. This figure has seen a dramatic increase from its $300 billion valuation in March 2025 and $500 billion in late 2025. The investment is composed of $50 billion from Amazon, $30 billion from Nvidia, and another $30 billion from SoftBank. Amazon's investment will start with an initial $15 billion, with the remaining $35 billion to follow as certain conditions are met. This deal doesn't alter the existing partnership between OpenAI and Microsoft, which remains "strong and central" to operations. The agreement with Amazon Web Services (AWS) significantly expands upon a previous $38 billion deal. OpenAI will now use 2 gigawatts of computing power from Amazon's own Trainium AI chips and AWS will be the exclusive third-party cloud provider for OpenAI's "Frontier" enterprise program. This extends their previous agreement by $100 billion over eight years. OpenAI's deal with the Pentagon will deploy its AI models on classified networks for the first time. This development came shortly after rival AI company Anthropic was banned from federal agencies due to a refusal to lift restrictions on mass surveillance and autonomous weapons. OpenAI's agreement, however, includes technical safeguards and a requirement for human oversight in use-of-force scenarios. The company reports having over 900 million weekly active users for ChatGPT, with more than 50 million paying consumer subscribers and 9 million business customers. To handle this scale and future growth, OpenAI has committed to spending approximately $600 billion on computing infrastructure through 2030.