OpenAI announces $110 billion funding round with backing from Amazon, Nvidia, SoftBank
Summary
OpenAI announced a $110 billion funding round led by Amazon ($50 billion), Nvidia ($30 billion), and SoftBank ($30 billion), raising the company's valuation to $730 billion. Beyond the investment, Amazon committed to an expanded $100 billion partnership over eight years to use AWS (Amazon Web Services, Amazon's cloud computing platform) as OpenAI's exclusive cloud provider and to develop customized AI models for Amazon's applications.
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Original source: https://www.cnbc.com/2026/02/27/open-ai-funding-round-amazon.html
First tracked: February 27, 2026 at 11:00 AM
Classified by LLM (prompt v3) · confidence: 95%