OpenAI raises $110 billion in largest-ever private tech funding round, Nvidia throws in $30 billion — AI startup now valued at $730 billion
OpenAI has successfully raised $110 billion in funding, with major contributions from Amazon, Nvidia, and SoftBank, making it the largest private tech financing round to date. This funding round values OpenAI at $730 billion pre-money, or $840 billion including the capital raised. The investment includes commitments for infrastructure tied to Nvidia's upcoming Vera Rubin GPU architecture and an expanded partnership with Amazon Web Services. OpenAI plans to use this funding to scale its infrastructure and products to meet the growing demand for AI applications.
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