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OpenAI finalizes $110 billion funding

Mint New Delhi

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February 28, 2026

OpenAl said it has finalized a record-breaking $110 billion funding round at a $730 billion valuation, not including the money raised, fuelling the ChatGPT maker's costly push to secure more computing power and talent for artificial intelligence (AI) development.

- Bloomberg

Amazon.com Inc. is investing $50 billion in the financing round, OpenAl said Friday, by far the largest amount the e-commerce giant has put into any firm. SoftBank Group Corp. and Nvidia Corp. each invested $30 billion, it said.

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