OpenAI Nears $100B Funding Round at $850B+ Valuation

Overview

OpenAI is on the verge of closing a funding round exceeding $100 billion at a valuation of over $850 billion, according to reports from TechCrunch and Bloomberg published February 19, 2026. If completed as expected, it would stand as the largest private fundraising round in technology history.

Key Investors

Amazon: In talks to invest up to $50 billion

SoftBank: Committing approximately $30 billion

Nvidia: Close to investing $20 billion

Microsoft: Continuing as existing strategic partner

Strategic Implications

The capital is expected to fuel OpenAI's AI infrastructure buildout, accelerate model research, and support the growth of ChatGPT and enterprise services. Nvidia's participation underscores the computing supply chain interdependence, while Microsoft's ongoing investment maintains its deep integration across Azure and Office products.

Market Context

The round follows an extraordinary AI investment surge in 2026—17 U.S. AI companies have already raised $100M+ rounds in under 49 days. OpenAI's pre-money valuation is set at $730 billion, with the deal expected to close before the end of February 2026.

Source: TechCrunch | Bloomberg