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OpenAI closes $110B funding round at $840B valuation

OpenAI closes a $110 billion funding round at an $840 billion valuation, with SoftBank, NVIDIA, and Amazon among the leading investors.

Feb 27 · · primary fetch1 sourceupdated Feb 27 ·

OpenAI has closed a major funding round totaling $110 billion at a $730 billion pre-money valuation, with investments from SoftBank ($30B), NVIDIA ($30B), and Amazon ($50B). Key user metrics include 1.6 million weekly Codex users, over 9 million paying business users of ChatGPT, and more than 900 million weekly active ChatGPT users with 50 million consumer subscribers.

The partnership with Amazon includes exclusive cloud services and 2 gigawatts of Trainium capacity. Microsoft maintains a reduced partnership with stateless APIs. This funding round is one of the largest in history, highlighting OpenAI's dominant position in AI adoption and infrastructure.

read full article on news.smol.ai
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  1. news.smol.aiOpenAI closes $110B raise from Amazon, NVIDIA, SoftBank in largest startup fundraise in history @ $840B post-moneyprimary