OpenAI 110 billion

Yday, OpenAI closed a historic $110 billion funding round, marking it as one of the largest private capital raises in history. This massive injection of capital values the company at approximately $730 billion pre-money (with some estimates placing the post-money valuation as high as $840 billion).

According to the reporting, the round was structured as follows:

Key Investors & Financial Breakdown

• Amazon: Led the round with a reported $50 billion commitment.

• NVIDIA: Contributed roughly $30 billion.

• SoftBank: Contributed roughly $30 billion.

• Microsoft: Notably, OpenAI’s largest early backer did not participate in this specific round, though the partnership remains central.

Strategic "Compute-for-Equity" Structure

The funding is not purely cash; it is described as a "strategic industrialization pact." A significant portion of the $110 billion consists of infrastructure and service commitments:

• Amazon (AWS): OpenAI has committed to consuming ~2 GW of "Trainium" capacity through AWS. The deal deepens the partnership for stateful runtimes on Amazon Bedrock.

• NVIDIA: The investment includes massive hardware and inference capacity commitments to ensure OpenAI’s future compute needs are met.

• SoftBank: Acts as a bridge between capital and scaling global AI infrastructure.

Company Performance Metrics

The TechCrunch report and accompanying internal disclosures highlighted OpenAI's explosive growth:

• Weekly Active Users: Reached 900 million, a jump of 100 million since October 2025.

• Paying Subscribers: Now at 50 million consumer subscribers.

• Codex Growth: Weekly active users for its coding AI have tripled since the start of 2026 to 1.6 million.

• Revenue Projections: OpenAI anticipates $30 billion in revenue for 2026, though it still expects significant losses ($40 billion by 2027) due to massive compute spending.

Context & Impact

This round is viewed as a precursor to an expected OpenAI IPO later in 2026 or early 2027. Analysts describe the deal as a way for OpenAI to break "single-cloud lock-in" by diversifying its compute sources beyond Microsoft, while giving cloud and hardware giants like Amazon and NVIDIA a guaranteed long-term customer and a massive equity stake in the leading AI firm.