OpenAI gets $110 billion in funding from a trio of tech powerhouses, led by Amazon

Posted under: AI technologies
Date: 2026-03-02
OpenAI Raises $110B Funding Led by Amazon | Justo Global

OpenAI has secured a massive $110 billion funding round led by Amazon, which contributes $50 billion, alongside $30 billion each from Nvidia and SoftBank, raising its pre-money valuation to $730 billion. CEO Sam Altman expressed that these partnerships will expand global reach and strengthen infrastructure, facilitating the transition of frontier AI from research into widespread daily use. Notably, ChatGPT boasts over 900 million weekly active users and 50 million subscribers.

Read more at: www.thehindu.com

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OpenAI gets $110 billion in funding from a trio of tech powerhouses, led by Amazon

Posted under: AI technologies
Date: 2026-03-02
OpenAI Raises $110B Funding Led by Amazon | Justo Global

OpenAI has secured a massive $110 billion funding round led by Amazon, which contributes $50 billion, alongside $30 billion each from Nvidia and SoftBank, raising its pre-money valuation to $730 billion. CEO Sam Altman expressed that these partnerships will expand global reach and strengthen infrastructure, facilitating the transition of frontier AI from research into widespread daily use. Notably, ChatGPT boasts over 900 million weekly active users and 50 million subscribers.

Read more at: www.thehindu.com
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