OpenAI says a $110B round and new Amazon/NVIDIA deals will scale AI globally

On February 27, 2026, OpenAI said it had secured $110B in new investment at a $730B pre-money valuation. The company said the round includes $30B from SoftBank, $30B from NVIDIA, and $50B from Amazon, with additional financial investors expected to join later. OpenAI framed the announcement around a simple constraint: AI demand is rising across consumers, developers, and businesses faster than compute, distribution, and capital can be added.

The post connects the financing directly to product usage. OpenAI said weekly Codex users have climbed to 1.6M after more than tripling since the start of the year. It also said more than 9 million paying business users now rely on ChatGPT for work, while ChatGPT overall has more than 900M weekly active users and more than 50 million consumer subscribers. In OpenAI’s telling, those numbers explain why the company is simultaneously raising capital, expanding partnerships, and locking in future infrastructure.

Two partnerships sit at the center of that infrastructure plan. OpenAI said it signed a multi-year strategic partnership with Amazon to accelerate AI innovation for enterprises, startups, and end consumers. It also said it secured next generation inference compute with NVIDIA and is expanding its collaboration to include 3 GW of dedicated inference capacity and 2 GW of training on Vera Rubin systems, on top of Hopper and Blackwell systems already in operation across Microsoft, OCI, and CoreWeave.

For enterprises, the message is that OpenAI wants to move from model leadership to operating at global production scale. The company explicitly linked the announcement to Frontier, its platform for building and managing AI coworkers across engineering, support, finance, sales, and operations. It also said the higher valuation lifts the value of the OpenAI Foundation’s stake in OpenAI Group to over $180 billion, giving the nonprofit more resources for philanthropy in areas such as health breakthroughs and AI resilience.

The near-term question is execution. OpenAI is telling the market that the next stage of competition will be decided not only by model quality, but by who can secure enough capital, power, and systems capacity to meet demand without degrading reliability. If the company can turn this financing into sustained product availability and enterprise rollouts, the announcement could mark a shift from frontier-model scarcity toward a much larger, infrastructure-heavy AI market.