US artificial intelligence company OpenAI has secured $110 billion in a new funding round backed by three major technology players, according to information reported by Agerpres. The transaction brings the company’s valuation to $730 billion.
Amazon will invest $50 billion in the creator of ChatGPT, including an initial $15 billion, followed by an additional $35 billion once certain conditions are met. Chipmaker Nvidia and Japanese technology investment group SoftBank will each contribute $30 billion.
Read also: Wayve secures Nvidia and Microsoft backing in $1.2 billion round, reaches $8.6 billion valuation
San Francisco-based OpenAI reports more than 900 million weekly ChatGPT users, making it the fastest-growing application ever recorded. The company plans to channel the new capital into expanding computing capacity, developing new AI models and enhancing its existing product lineup.
In 2025, OpenAI generated $13 billion in revenue, though expenses remain significantly higher. The company estimates it will need to invest at least $218 billion by 2029 in chips, data centers and talent.
The Amazon deal also diversifies OpenAI’s partnerships, as the company has historically been closely linked to Microsoft, which has invested over $13 billion since 2019.
OpenAI expects its revenues to surpass $280 billion by 2030, driven by rapid growth in the AI sector.
Photo: The Record
UK
IT
ES
DE
FR
RO
PT
HU
