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The company behind ChatGPT announced Friday it has raised $110 billion in new funding, nearly tripling the $41 billion round it closed in March 2025, which was itself the largest private tech fundraise in history at the time.The company said Amazon (AMZN) is investing $50 billion, with Nvidia (NVDA) and SoftBank committing $30 billion each. The deal values OpenAI at $730 billion pre-money, or $840 billion fully diluted, a sharp jump from the $500 billion valuation it carried in a secondary financing just four months ago.Sam Altman appeared on CNBC's Squawk Box Friday morning for a first-on-CNBC interview with Andrew Ross Sorkin alongside Amazon CEO Andy Jassy. "We're super excited about this deal," Altman said on Squawk Box. "We will continue to have a great relationship with Microsoft. We're excited to have a great relationship with Amazon. 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."The round remains open. OpenAI expects additional investors, including sovereign wealth funds and venture capital firms, to add roughly $10 billion more before the round closes at the end of March.This is not passive capital. Each of the three anchor investors secured strategic partnerships alongside their checks, reshaping the competitive landscape for cloud computing and AI infrastructure.More Tech Stocks:Morgan Stanley sets jaw-dropping Micron price target after eventNvidia’s China chip problem isn’t what most investors thinkQuantum Computing makes $110 million move nobody saw comingAmazon's $50 billion is the single largest investment the e-commerce giant has ever made in any company. $15 billion arrives upfront, with the remaining $35 billion coming when certain undisclosed conditions are met.As part of the deal, AWS becomes the exclusive third-party cloud provider for OpenAI's enterprise platform Frontier, and OpenAI will expand its existing $38 billion AWS agreement by an additional $100 billion over eight years.Nvidia's $30 billion comes with dedicated compute commitments. OpenAI committed to using 3 gigawatts of dedicated inference capacity and 2 gigawatts of training on Nvidia's next-generation Vera Rubin systems. SoftBank's $30 billion continues chairman Masayoshi Son's long-standing conviction in OpenAI, following his $30 billion contribution to the March 2025 round.Amazon ($50 billion). AWS becomes the exclusive third-party cloud for OpenAI's Frontier enterprise platform. Both companies will also develop customized AI models to power Amazon's consumer products.Nvidia ($30 billion). OpenAI locks in 5 gigawatts of next-generation Vera Rubin compute capacity for training and inference, deepening its reliance on Nvidia's hardware ecosystem.SoftBank ($30 billion). Son's second major OpenAI commitment follows his $30 billion contribution in March 2025, signaling continued conviction in the AGI timeline despite broader market skepticism.Terms and Privacy PolicyPrivacy & Cookie SettingsMore InfoS&P 5006,878.88 -29.98 (-0.43%)Dow 3048,977.92 -521.28 (-1.05%)Nasdaq22,668.21 -210.17 (-0.92%)Russell 20002,632.36 -44.93 (-1.68%)VIX19.86 +1.23 (+6.60%)Gold5,247.90 +53.70 (+1.03%)Trending tickersBTC-USD Bitcoin USD 67,280.10 +2,334.06 (+3.59%)CL=F Crude Oil Apr 26 67.02 +1.81 (+2.78%)ETH-USD Ethereum USD 1,972.28 +83.65 (+4.43%)XRP-USD XRP USD 1.38 +0.03 (+2.59%)GC=F Gold Apr 26 5,247.90 +53.70 (+1.03%)PortfolioSign in to access your portfolioSign inTop gainersAAOI Applied Optoelectronics, Inc. 84.23 +30.54 (+56.88%)BWIN The Baldwin Insurance Group, Inc. 23.23 +4.74 (+25.64%)FIGS FIGS, Inc. 15.45 +2.98 (+23.90%)DELL Dell Technologies Inc. 148.08 +26.63 (+21.93%)PSKY Paramount Skydance Corporation 13.51 +2.33 (+20.84%)Top losersRUN Sunrun Inc. 13.25 -7.17 (-35.11%)FIGR Figure Technology Solutions, Inc. 25.28 -8.76 (-25.73%)CRWV CoreWeave, Inc. 79.56 -18.07 (-18.51%)ACA Arcosa, Inc. 107.48 -20.02 (-15.70%)TPC Tutor Perini Corporation 75.37 -14.01 (-15.67%)Most activeNVDA NVIDIA Corporation 177.19 -7.70 (-4.16%)NFLX Netflix, Inc. 96.24 +11.63 (+13.75%)SOFI SoFi Technologies, Inc. 17.76 -1.34 (-7.02%)PLUG Plug Power Inc. 1.7900 -0.1200 (-6.28%)NU Nu Holdings Ltd. 14.98 -0.08 (-0.53%)Top economic eventsEarnings eventsMy earnings eventsEarnings events