OpenAI Finalizing Record $100 Billion Funding Round at $850 Billion Valuation

A Record-Breaking Round

Bloomberg reported on February 19, 2026 that OpenAI is in the final stages of closing a new funding round exceeding $100 billion—more than doubling its previous record $40 billion raise from March 2025. The deal would push OpenAI's valuation past $850 billion, making it one of the most valuable private companies in history.

Key Investors and Amounts

• Amazon: up to $50 billion
• SoftBank: approximately $30 billion
• Nvidia: approximately $20 billion
• Microsoft: continued strategic participation

Backers are expected to finalize their allocations by the end of February. A second phase is planned, expected to include venture capital firms and sovereign wealth funds.

Use of Proceeds

OpenAI continues to invest heavily in AI infrastructure. Capital will be directed toward data center expansion, GPU procurement, AI safety research, and development of next-generation models. As ChatGPT's daily active user base grows, the company's operational costs and infrastructure demands scale accordingly.

Industry Significance

If finalized, this round would cement OpenAI's position at the center of the AI industry's financing landscape. The scale of investment reflects strong institutional conviction in AI's long-term economic potential, while highlighting the enormous capital requirements of frontier AI development.

Sources: TechCrunch, Bloomberg