OpenAI Raises $110B from Amazon, Nvidia, and SoftBank at $730B Valuation

Summary

OpenAI has closed a $110 billion funding round — one of the largest private fundraises in history — at a $730 billion valuation. The round comprises a $50 billion investment from Amazon, $30 billion from Nvidia, and $30 billion from SoftBank. As with previous rounds, a significant portion of the investment is expected to come in the form of services rather than cash, though the exact breakdown was not disclosed. The Amazon partnership is particularly expansive. OpenAI will develop a new "statef