OpenAI Secures $110 Billion Round, Backed by Amazon, NVIDIA and SoftBank at $730 Billion Valuation
OpenAI said it raised $110 billion in a funding round valuing the company at $730 billion pre-money, with SoftBank and NVIDIA each investing $30 billion and Amazon committing $50 billion. The round includes strategic collaborations that expand cloud distribution and dedicated compute capacity, and the company disclosed user and subscription milesto…