OpenAI Raises $110B at $730B Valuation, Expands Partnerships with AWS and Nvidia

OpenAI PBC officially disclosed todaythat the company has completeda $110 billion financing round at a $730 billion valuation.

Nvidia and SoftBank Group each injected $30 billion, while Amazon Web Services contributed the remaining $50 billion and deepened technical collaboration with OpenAI.

Previously ChatGPT developers promised $38 billion in AWS usage, with the new agreement adding $100 billion in cloud spending over eight years.

Notably, Amazon will provide 2 gigawatts of computing power for OpenAI using AWS Trainium AI chips.

OpenAI will deploy the latest Trainium3 chips and plans to introduce the next-generation Trainium4.

Officially revealed, Trainium4 will achieve performance leaps in FP4 workflows, with clusters expected to go live in 2027.

Part of the computing power will support a new product named Stateful Runtime Environment, hosted on AWS Amazon Bedrock.

Designed for AI agents executing multi-step tasks, this product enables seamless data transfer between steps according to OpenAI.

Additionally, Trainium computing power will support the Frontier software platform released this month, simplifying AI agent building, with AWS as its exclusive third-party cloud distributor.

Although Microsoft is a major competitor to Amazon, it remains a key supporter of OpenAI, having provided $13 billion in funding and infrastructure since 2019.

Both parties emphasized in a joint statement that the partnership remains solid,revenue-sharing agreementswill continue, and Microsoft retains access to some intellectual property.

Microsoft will continue providing infrastructure support, with OpenAI currently utilizing Nvidia chips within Microsoft, Oracle, and CoreWeave data centers for heavy workloads.

Nvidia is also expanding chip cooperation, as OpenAI clusters currently rely mainly on Hopper and Blackwell chips.

The expanded partnership will add 5 gigawatts of computing power based on the Vera Rubin architecture, including therecently releasedRubin GPU and a CPU named Vera.

OpenAI hinted at more investors joining, with CNBCcitingsources that Microsoft has an option to participate, marking potentially the last funding round before an IPO expected as early as this year.

SoftBank CEO Masayoshi Son stated that additional investment will accelerate OpenAI's research and ecosystem expansion while advancing their ASI strategy.

OpenAI revealed over 50 million paid individual users and 9 million business users for ChatGPT, with the first two months of the year seeing record subscription growth driven by the Codex programming tool, tripling weekly active users.