OpenAI Raises $110B at $730B Valuation in Record-Breaking Round Led by Amazon, NVIDIA, and SoftBank

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TLDR:OpenAI raised $110B in a record private tech funding round, reaching a $730B pre-money valuation with three major backers.Amazon leads the round with a $50B commitment and expands its AWS agreement with OpenAI by $100B over eight years.ChatGPT now serves over 900M weekly active users, with January and February set to be its biggest subscriber months ever.The OpenAI Foundation’s stake in OpenAI Group now exceeds $180B, funding health breakthroughs and AI resilience globally.OpenAI has secured $110 billion in new funding, setting a record for private tech companies. Amazon, NVIDIA, and SoftBank anchored the round at a $730 billion pre-money valuation. The deal also includes a strategic partnership with Amazon and expanded infrastructure commitments with NVIDIA. This capital positions OpenAI to scale AI access for consumers, businesses, and governments worldwide.Strategic Investors Back OpenAI’s Infrastructure PushAmazon committed $50 billion to the round, making it the largest single contributor. NVIDIA followed with $30 billion, while SoftBank also pledged $30 billion. Together, these three companies form the core of OpenAI’s new investment base. Additional financial investors are expected to join as the round progresses.Beyond capital, OpenAI and Amazon announced a multi-year strategic partnership. The agreement is designed to accelerate AI adoption for enterprises, startups, and consumers globally. OpenAI also expanded its existing AWS agreement by $100 billion over eight years. That contract strengthens OpenAI’s cloud and distribution infrastructure considerably.NVIDIA’s partnership goes beyond funding. OpenAI secured access to 3GW of dedicated inference capacity and 2GW of training on Vera Rubin systems. This builds on existing Hopper and Blackwell infrastructure already running across Microsoft, OCI, and CoreWeave. The expanded compute access supports both model training and large-scale deployment.Sam Altman, OpenAI’s co-founder and CEO, addressed the partnerships in a public statement. He said the company is “pushing the frontier across infrastructure, research, and products to make AI more capable, reliable, and broadly useful.” He described SoftBank, NVIDIA, and Amazon as partners who “share our ambition to turn real scientific progress into systems that deliver meaningful benefits for people at global scale.” Altman added that “building AI that works for everyone will require deep collaboration across the stack.”OpenAI’s Product Growth Drives Funding DemandChatGPT now serves more than 900 million weekly active users. The platform has crossed 50 million consumer subscribers, with January and February tracking as the largest months for new subscriber additions. That growth rate pushed OpenAI to seek additional infrastructure capital. Meeting demand at that scale requires compute, distribution, and balance sheet strength.OpenAI made that case publicly through its official channels. The company posted on X, stating: “Helping AI reach more people requires deep collaboration across the ecosystem.” Helping AI reach more people requires deep collaboration across the ecosystem.Today we’re announcing new investment, with support from @SoftBank, @NVIDIA, and @Amazon, to scale the infrastructure needed to bring AI to everyone.https://t.co/xW0ItgMTLe— OpenAI (@OpenAI) February 27, 2026It also announced “new investment, with support from SoftBank, NVIDIA, and Amazon, to scale the infrastructure needed to bring AI to everyone.” Those statements framed the round as an ecosystem-level move rather than a standalone financing event.Business adoption is also accelerating. More than 9 million paying business users now rely on ChatGPT for work daily. Enterprises are deploying OpenAI’s Frontier platform across engineering, support, finance, sales, and operations. The platform helps companies build, deploy, and manage AI coworkers at scale.The new funding also strengthens the OpenAI Foundation’s financial position. The foundation’s stake in OpenAI Group now exceeds $180 billion in value. That makes it one of the most well-resourced nonprofits globally. The foundation plans to direct resources toward health breakthroughs and AI resilience efforts.The post OpenAI Raises $110B at $730B Valuation in Record-Breaking Round Led by Amazon, NVIDIA, and SoftBank appeared first on Blockonomi.