OpenAI announced Friday that it has raised $110 billion in fresh private capital, marking one of the biggest funding rounds in history. The investment includes $50 billion from Amazon and $30 billion each from Nvidia and SoftBank, based on a pre-money valuation of $730 billion.
The round remains open, with the company indicating that additional investors may participate in the coming months.
In a statement, OpenAI said it is entering a new era in which advanced artificial intelligence is transitioning from research labs into widespread, everyday global use. The company emphasized that leadership in this next phase will depend on the ability to rapidly scale infrastructure and convert computing capacity into reliable consumer and enterprise products.
Alongside the funding, OpenAI unveiled major infrastructure partnerships with Amazon and Nvidia. As in previous funding rounds, a significant portion of the investment may come in the form of services rather than direct cash, though specific details were not disclosed.
This latest raise follows OpenAI’s March 2025 funding round, which brought in $40 billion at a $300 billion valuation — at the time, the largest private funding round on record.
Under its expanded partnership with Amazon, OpenAI plans to build a new “stateful runtime environment” enabling its AI models to operate on Amazon’s Bedrock platform. The company will also significantly increase its prior AWS agreement — originally valued at $38 billion in compute services — by an additional $100 billion. OpenAI has committed to utilizing at least 2 gigawatts of AWS Trainium computing capacity and intends to develop custom AI models tailored for Amazon’s consumer products.
Amazon CEO Andy Jassy stated that the collaboration will unlock new possibilities for developers building AI applications and autonomous agents on AWS.
Previous reports suggested that $35 billion of Amazon’s investment may be tied to OpenAI achieving artificial general intelligence (AGI) or launching an IPO by year-end. While OpenAI confirmed the investment structure, it stated only that the additional $35 billion will be delivered once certain conditions are satisfied.
Details regarding Nvidia’s involvement were more limited. However, OpenAI confirmed commitments to use 3 gigawatts of dedicated inference capacity and 2 gigawatts of training capacity on Nvidia’s Vera Rubin systems.
Nvidia’s role in the round had been widely speculated upon, particularly after earlier reports suggested a potential $100 billion investment that was later revised downward. In January, Nvidia CEO Jensen Huang reaffirmed confidence in OpenAI, saying the company intended to invest heavily and expressing strong belief in the company’s work.
The historic funding underscores OpenAI’s ambition to scale infrastructure at an unprecedented pace as competition intensifies in the global AI race.
