OpenAI secures $110B funding, partners with Amazon and NVIDIA
OpenAI raised $110 billion in a funding round valuing the company at $730 billion. Key investors include $50 billion from Amazon, $30 billion from NVIDIA, and $30 billion from SoftBank, with more expected to join. The capital will accelerate AI tool deployment across OpenAI's platform, alongside strategic partnerships with Amazon and NVIDIA. Amazon will provide 3GW inference capacity and 2GW training on Vera Rubin systems, while NVIDIA contributes similar infrastructure. OpenAI CEO Sam Altman emphasized collaboration with partners sharing the ambition to translate scientific progress into real-world benefits. Products like Codex and ChatGPT have seen significant growth, with 1.6 million weekly Codex users and 900 million ChatGPT users. The funding also increases the OpenAI Foundation's stake to over $180 billion.