OpenAI has secured another funding round, raising $110 billion for the creator of ChatGPT, which boasts over 900 million weekly active users and 50 million consumer subscribers. Amazon is investing $50 billion and forming a partnership for custom models. Nvidia and SoftBank are contributing $30 billion each, although Nvidia’s previous $100 billion investment plan is reportedly on hold. This funding influx values OpenAI at $730 billion, following a record-breaking $40 billion round in 2025.
Amazon’s investment includes a strategic partnership, aiming to advance in the AI market through collaboration on custom models for applications like Alexa. AWS will become a third-party provider for OpenAI Frontier, using Amazon’s Trainium chips. Amazon is initially investing $15 billion, with an additional $35 billion contingent on achieving specific milestones, potentially including AGI development.
OpenAI maintains its strong partnership with Microsoft, although a revised agreement allows collaboration with Amazon as Microsoft expands its engagements with Anthropic. OpenAI is rumored to be launching a smart speaker in 2027, exploring deals with Disney, and facing competition from Anthropic and Google. CEO Sam Altman mentioned the possibility of an IPO at the right time, as reported by CNBC.