OpenAI’s valuation continues to climb as it becomes ever-more-embedded in people’s lives.
OpenAI has announced $110 billion in new investment at a $730 billion pre-money valuation, in what amounts to one of the largest funding rounds in tech history. The round is anchored by three major strategic partners: SoftBank contributing $30 billion, NVIDIA putting in $30 billion, and Amazon leading with $50 billion. Additional financial investors are expected to join as the round progresses.

The fundraise is not just about capital. Alongside the investment, OpenAI announced a multi-year strategic partnership with Amazon to accelerate AI adoption across enterprises, startups, and consumers worldwide. The company also deepened its long-standing collaboration with NVIDIA, securing 3 gigawatts of dedicated inference capacity and 2 gigawatts of training capacity on NVIDIA’s next-generation Vera Rubin systems — on top of Hopper and Blackwell infrastructure already running across Microsoft, Oracle Cloud Infrastructure, and CoreWeave.
OpenAI framed the raise around three core needs: compute, distribution, and capital. As demand for AI surges across consumers, developers, and businesses, the company argues that scaling infrastructure is now the defining challenge — and competitive advantage — in the industry.
A Business Already Operating at Massive Scale
The fundraise comes as OpenAI reports striking growth across its product portfolio. ChatGPT now serves more than 900 million weekly active users and has crossed 50 million paying consumer subscribers, with January and February shaping up to be the biggest months for new subscriber additions in the company’s history. ChatGPT is the fifth most visited website in the world.
On the enterprise side, more than 9 million paying business users rely on ChatGPT for work. Startups, large enterprises, and governments are building on the OpenAI platform to transform how their products and services are designed, delivered, and run. The company’s Frontier platform is specifically aimed at helping enterprises build, deploy, and manage AI coworkers at scale — moving organizations from individual productivity tools to company-wide AI deployment across engineering, customer support, finance, sales, and operations.
OpenAI’s coding product Codex is also gaining serious traction. Weekly Codex users have more than tripled since the start of the year, reaching 1.6 million — a sign that AI-assisted software development is moving from novelty to mainstream workflow.
The Infrastructure Race
OpenAI is making a clear strategic bet: the next phase of AI competition will be won or lost on infrastructure. The company says that as usage scales, the product improves in tangible ways users notice directly — faster responses, higher reliability, stronger safety, and more consistent performance. That feedback loop between scale and quality is central to its argument for continued aggressive investment.
The expanded NVIDIA partnership, in particular, signals how seriously OpenAI is treating inference capacity — the compute required to run AI models in real time for hundreds of millions of users. Securing gigawatts of dedicated capacity is an extraordinary commitment, reflecting the industrial scale at which frontier AI now operates.
A Nonprofit That’s Now Worth More Than Most Countries’ GDP
One notable dimension of the announcement is what the new valuation means for OpenAI’s unusual corporate structure. The OpenAI Foundation — the nonprofit that sits atop the organization — now holds a stake in OpenAI Group valued at over $180 billion. That makes it arguably one of the most well-resourced nonprofits in the world, with expanded capacity to fund work in areas like health breakthroughs and AI resilience.
OpenAI’s stated mission remains ensuring that artificial general intelligence benefits all of humanity. With this funding and the infrastructure it unlocks, the company is positioning itself to define what the era of mass-market frontier AI looks like — and who gets to shape it.