OpenAI finalized the largest private tech funding round in history, raising $110B from Amazon ($50B), NVIDIA ($30B), and SoftBank ($30B). The company is now valued at $840B and plans to expand its AWS partnership to $100B over eight years.
OpenAI CEO Sam Altman announced a $110 billion funding round from Amazon, NVIDIA, and SoftBank — one of the largest private tech funding rounds in history, valuing the company at $840 billion post-investment.
Greg Brockman posted that the first steel beams are now up at the Stargate site in Milam County, Texas. The update also names SoftBank and SB Energy as project partners.