OpenAI said on Friday it is raising $110 billion in a massive funding round that would value the company at $840 billion. This funding round includes an investment of $30 billion from SoftBank, $30 billion from Nvidia and $50 billion from Amazon.
The round remains open, and OpenAI expects more investors to join as it proceeds, according to TechCrunch. “We are entering a new phase where frontier AI moves from research into daily use at global scale,” OpenAI said. “Leadership will be defined by who can scale infrastructure fast enough to meet demand, and turn that capacity into products people rely on.”
As part of the investment, OpenAI is launching significant infrastructure partnerships with both Amazon and Nvidia. As in previous rounds, it is likely that a significant portion of the dollar amount comes in the form of services rather than cash, although the precise split was not disclosed.
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Amazon has also struck a deal in which OpenAI will utilize two gigawatts of computing capacity powered by Amazon’s in-house trainium chips, the companies said. Amazon’s cloud computing platform, AWS, will also be the exclusive third-party cloud provider for OpenAI Frontier, the ChatGPT maker’s enterprise platform for building, deploying and managing AI agents.
It is unclear whether Nvidia’s investment replaced its earlier commitment announced in September 2025 under which Nvidia would invest up to $100 billion in the startup.
This deal will not change OpenAI’s relationship with Microsoft. Microsoft Azure still remains the exclusive cloud provider for OpenAI’s APIs that provide access to OpenAI’s models, the companies said. OpenAI’s first party products will continue to be hosted on Azure, and Microsoft holds its exclusive license and access to intellectual property across OpenAI models and products.
OpenAI has had previous relationships with these three companies. Last year, it entered a $38 billion cloud agreement with Amazon. SoftBank had invested $40 billion in the ChatGPT-maker previously, and the two companies are also collaborating for the Stargate Project. Nvidia had pledged a $100 billion investment in OpenAI last September, but that plan was stalled.
“We have lots of developers and companies eager to run services powered by OpenAI models on AWS,” said Amazon CEO Andy Jassy in a statement, “and our unique collaboration with OpenAI to provide stateful runtime environments will change what’s possible for customers building AI apps and agents.”
The Information previously reported that $35 billion of Amazon’s investment could be contingent on the company either achieving AGI or making its IPO by the end of the year. OpenAI’s announcement confirms the funding split, but says only that the additional $35 billion will arrive “in the coming months when certain conditions are met.”