OpenAI Finalizes $110 Billion Funding at $730 Billion Value [Yahoo! Finance]
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Source: Yahoo! Finance
Bloomberg News reporting (Bloomberg) -- OpenAI has raised $110 billion in a deal that values the startup at $730 billion, representing the ChatGPT maker's largest funding round to date and bolstering its costly push to secure more computing power and talent for AI development. Amazon.com Inc. is investing $50 billion in the financing round, OpenAI said Friday, by far the largest amount the e-commerce giant has put into any company. SoftBank Group Corp. and Nvidia Corp. each invested $30 billion, the company said. The firm's new $730 billion valuation doesn't include the money raised. Post-money, it's now valued at $840 billion. Most Read from Bloomberg LA's Bankrupt ‘Graffiti Towers' Finds Buyer for $470 Million An Insurance Expert Appraises the Safety Record of Self-Driving Cars It's a Tough Time To Be a Black Real Estate Developer New Tax Proposal Takes Aim at Thailand's Salty Food Obsession Oslo Rebuilds Its Government Quarter with a New Focus: Openness OpenAI an
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AMZN
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AMZN
Sec Filings
- 2/27/26 - Form 8-K
- 2/24/26 - Form 4
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