- OpenAI announced it secured a $110 billion funding round, its biggest yet.
- The round included investment from Amazon, Nvidia, and Softbank.
- OpenAI said it was entering a “new phase” where frontier AI was moving from research to daily use.
OpenAI just made its biggest raise yet.
The company said it has secured a $110 billion investment, with backing coming from Nvidia, Amazon, and SoftBank.
The $110 investment was at a $730 billion pre-money valuation, OpenAI said in a Friday announcement. The round included $30 billion from SoftBank, $50 billion from Amazon, and $3 billion from Nvidia. The company had a $500 billion valuation as of October after a secondary share sale.
OpenAI said on Friday that it had signed a strategic partnership with Amazon and “secured next-generation inference compute” with Nvidia. It said it expects additional investors to join as the round progresses, it added.
“We are entering a new phase where frontier AI moves from research into daily use at global scale,” OpenAI wrote in the announcement. “Leadership will be defined by who can scale infrastructure fast enough to meet demand, and turn that capacity into products people rely on.”
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