Feb 27, 2026

OpenAI Raises $110B at $730B Valuation in Record-Breaking Round Led by Amazon, NVIDIA, and SoftBank

TLDR: OpenAI raised $110B in a record private tech funding round, reaching a $730B pre-money valuation with three major backers. Amazon leads the round with a $50B commitment and expands its AWS agreement with OpenAI by $100B over eight years. ChatGPT now serves over 900M weekly active users, with January and February set to be [...]

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