The money flooding into artificial intelligence just found a new high-water mark.
OpenAI has unveiled a staggering $110 billion fundraising round that places an $840 billion valuation on the company behind ChatGPT — a signal that the AI boom is no passing storm but a full-blown climate shift in global tech.
The financing is anchored by three giants:
$50 billion from Amazon
$30 billion from Nvidia
$30 billion from SoftBank
The deal arrives as OpenAI prepares for what is expected to be one of the most closely watched public offerings in recent tech history.
Amazon’s Deepening AI Footprint
Amazon will initially commit $15 billion, with another $35 billion expected to follow once specific milestones are reached. But the investment goes beyond capital.
OpenAI will tap 2 gigawatts of computing power powered by Amazon’s in-house Trainium chips — a major endorsement of Amazon’s custom silicon ambitions. In addition, Amazon Web Services becomes the exclusive third-party cloud provider for OpenAI Frontier, the company’s enterprise platform focused on building and deploying AI agents.
This arrangement reshapes parts of OpenAI’s infrastructure map — but not all of it.
Microsoft Stays in the Picture
The new partnership leaves intact OpenAI’s long-standing alliance with Microsoft. Microsoft Azure continues as the exclusive cloud provider for OpenAI’s APIs, the backbone through which developers access its models.
OpenAI’s own products will remain hosted on Azure, and Microsoft retains its exclusive license to key intellectual property across OpenAI’s models and services.
In other words: Amazon expands into enterprise tooling and compute muscle, while Microsoft keeps its strategic grip on core model access.
Nvidia’s Strategic Position
Nvidia’s $30 billion stake underscores how central AI model development has become to the chipmaker’s future. The announcement, however, leaves open questions about how this investment relates to earlier commitments Nvidia had signaled. Clarification has yet to emerge.
The AI Capital Sprint
Behind the numbers lies a broader reality: building frontier AI is brutally expensive. Data centers, advanced chips, energy infrastructure — the costs stack up fast. Investors are no longer placing cautious bets; they are staking entire strategies on proximity to OpenAI.
The message from this round is unmistakable. AI infrastructure is now a geopolitical-scale buildout. And OpenAI sits at the center of it — capitalized, partnered, and racing toward the public markets with unprecedented financial firepower.
