OpenAI Raises Record $110B Round Led By Amazon, Nvidia
OpenAI has announced a $110 billion funding round backed by Amazon, Nvidia, and SoftBank, marking one of the largest private capital raises on record and putting the AI company at a reported $730 billion valuation.
The company confirmed the funding round in a statement tied to its broader push to scale AI products and infrastructure. Multiple business outlets reported the size of the round and the list of backers, including CNBC, TechCrunch, Fox Business, and Seeking Alpha. Cheddar.com reported the $730 billion valuation associated with the financing.
Seeking Alpha reported that Amazon provided $50 billion of the funding and that Nvidia and SoftBank together provided $30 billion. The remaining amount and additional participants, if any, were not detailed in the provided reports.
The financing deepens OpenAI’s ties with major technology and capital partners that sit at the center of the AI supply chain. Amazon is a dominant cloud provider, Nvidia is a key supplier of AI chips, and SoftBank is a major investor known for large-scale bets on technology platforms. Their participation underscores the scale of spending required to train, deploy, and operate cutting-edge AI systems.
The round matters because it positions OpenAI with an unusually large war chest at a time when the cost of compute, data center capacity, and specialized hardware remains a central constraint for AI development. A raise of this size can accelerate product rollouts and expand infrastructure, while also strengthening relationships with companies that can provide cloud capacity and critical hardware.
It also highlights the growing consolidation of resources around a small group of companies building and funding large AI models. As the financial stakes rise, the terms of partnerships between model developers and the cloud and chip providers they rely on can shape how AI services are priced, delivered, and distributed to businesses and consumers.
OpenAI has framed its efforts around “scaling AI for everyone,” and this funding round provides the capital to pursue that goal at a much larger pace. The backing from Amazon and Nvidia, in particular, signals closer alignment with firms that power AI workloads at the infrastructure level.
Next, investors and industry observers will look for more detail on how the funds will be deployed, including any updates on infrastructure plans, capacity expansion, and product development timelines. Further disclosures may clarify the full investor group and the structure of the financing.
For OpenAI, the announcement sets a new benchmark for private funding in AI and raises expectations for what the company delivers next with unprecedented backing from some of the industry’s most influential players.
