On Friday, OpenAI announced a private funding round that places the company's valuation at $730 billion, pre-money. Currently standing at a colossal $110 billion, the raising effort counts $30 billion from SoftBank, $30 billion from NVIDIA, and $50 billion from Amazon. Crucially, OpenAI's announcement explains that the round is still ongoing, and that it is expected to grow as more investors join the company's raising effort.

Per the official announcement, OpenAI has also secured strategic partnerships with Amazon and NVIDIA. The new agreement with NVIDIA enables OpenAI to access an additional 3 GW of dedicated inference compute and an extra 2GW of training on Vera Rubin systems. The Amazon partnership lays the terms for Amazon's $50 billion investment, detailing that the company will invest an initial $15 billion upfront and then present the remaining $35 billion to OpenAI once specific conditions are met.

In addition to the investment, the Amazon partnership announcement details plans for the joint development of enterprise-grade AI solutions for AWS customers, including a Stateful Runtime Environment for agents on Amazon Bedrock, names AWS as the "third-party cloud distribution provider for OpenAI Frontier", and mentions that both companies will develop custom models for Amazon's customer-facing applications. These plans will be supported by 2 GW of compute capacity provided through AWS infrastructure.

The money and infrastructure will support further global scaling of OpenAI's products. The startup boasts that ChatGPT now serves over 900 million weekly active users and 50 million consumer subscribers; it also mentions that January and February 2026 are on track to be the largest months for new subscribers in company history. Additionally, OpenAI claims that more than 9 million paying business users rely on ChatGPT for work, and that OpenAI's Codex has seen explosive growth, with weekly users tripling since the start of the year to 1.6 million.

Finally, the announcement emphasized that, as it currently stands, the funding round has increased OpenAI Foundation's stake in OpenAI Group to over $180 billion, vastly increasing the resources available to the nonprofit so it can continue its philanthropic work in areas including health breakthroughs and AI resilience.