Overview
- OpenAI closed a $110 billion round led by Amazon ($50 billion), SoftBank ($30 billion) and Nvidia ($30 billion), setting a pre‑money valuation near $730 billion.
- Amazon’s commitment begins with a $15 billion initial disbursement, with a further $35 billion contingent on defined milestones in the coming months.
- AWS becomes the exclusive third‑party cloud distributor for OpenAI’s Frontier platform, expands its multi‑year commitments to $100 billion over eight years, and will co‑develop a Stateful Runtime via Amazon Bedrock as OpenAI adopts Trainium chips.
- Nvidia will provide dedicated capacity of 3 gigawatts for inference and 2 gigawatts for training on its Vera Rubin systems, augmenting existing Hopper and Blackwell infrastructure.
- OpenAI says its alliance with Microsoft remains strong and central, while reporting more than 900 million weekly ChatGPT users, over 50 million paid subscribers and upwards of 9 million enterprise users.