OpenAI Secures Record $110 Billion Funding from Amazon, Nvidia, SoftBank
MMoneycontrol•27-02-2026, 19:34
OpenAI Secures Record $110 Billion Funding from Amazon, Nvidia, SoftBank
- •OpenAI finalized a $110 billion funding round at a $730 billion valuation, one of the largest private financings in tech history.
- •Amazon invested $50 billion, while SoftBank Group and Nvidia each committed $30 billion to fuel AI development and computing power.
- •The company reported rapid product growth, with 1.6M weekly Codex users and over 9 million paying ChatGPT business users.
- •ChatGPT now boasts over 900M weekly active users and 50 million consumer subscribers, with record subscriber growth.
- •OpenAI will use Amazon's Trainium AI chips, jointly develop custom AI models for Amazon, and spend an additional $100 billion on AWS.
