- Updated: February 27, 2026
- 6 min read
OpenAI Secures $110 Billion Funding Round Backed by Amazon, Nvidia, and SoftBank
Skip to main contentThe homepageThe VergeThe Verge logo.The VergeThe Verge logo.TechReviewsScienceEntertainmentAIPolicyHamburger Navigation ButtonThe homepageThe VergeThe Verge logo.Hamburger Navigation ButtonThe VergeThe Verge logo.OpenAI snags $110 billion in investments from Amazon, Nvidia, and SoftbankAICloseAIPosts from this topic will be added to your daily email digest and your homepage feed.FollowFollowSee All AIBusinessCloseBusinessPosts from this topic will be added to your daily email digest and your homepage feed.FollowFollowSee All BusinessNewsCloseNewsPosts from this topic will be added to your daily email digest and your homepage feed.FollowFollowSee All NewsOpenAI snags $110 billion in investments from Amazon, Nvidia, and SoftbankWhile insisting its partnership with Microsoft remains ‘strong and central.’While insisting its partnership with Microsoft remains ‘strong and central.’by Terrence O’BrienCloseTerrence O’BrienWeekend EditorPosts from this author will be added to your daily email digest and your homepage feed.FollowFollowSee All by Terrence O’BrienFeb 27, 2026, 2:55 PM UTCLinkShareGiftImage: The VergePart OfChip race: Microsoft, Meta, Google, and Nvidia battle it out for AI chip supremacysee all updates Terrence O’BrienCloseTerrence O’BrienPosts from this author will be added to your daily email digest and your homepage feed.FollowFollowSee All by Terrence O’Brien is the Verge’s weekend editor. He has over 18 years of experience, including 10 years as managing editor at Engadget.OpenAI has closed another round of funding, totalling $110 billion being newly committed to the maker of ChatGPT, which it says has more than 900 million weekly active users and over 50 million consumer subscribers. Amazon is investing $50 billion and striking a deal that includes plans for custom models and more. Nvidia and SoftBank are each contributing $30 billion, as well, even as the Wall Street Journal notes that Nvidia’s previous $100 billion investment plan is “on ice.” This marks another massive influx of cash for the company that’s now valued at $730 billion, and previously closed a $40 billion round in 2025. At the time, it was the largest private tech deal on record.The investment from Amazon is more than just an injection of cash. The companies are entering a partnership that will potentially allow Amazon to play catch-up in the AI market. The two companies will be collaborating on custom models intended to power “customer-facing applications” like Alexa.RelatedNvidia CEO denies he’s ‘unhappy’ with OpenAIInside Microsoft’s complicated relationship with OpenAIIt will also make AWS a third-party provider of OpenAI Frontier, its enterprise-facing platform for building, deploying, and managing AI agents that will run on Amazon’s Trainium chips. Amazon is investing just $15 billion up front, with the additional $35 billion being delivered as certain milestones are met.Rumors have indicated that, like its deal with Microsoft, those milestones include mentions of reaching AGI.OpenAI went out of its way to reiterate its commitment to its partnership with Microsoft. But a reworking of the deal between the two companies is what has allowed OpenAI to pursue the partnership with Amazon, as Microsoft has also reached farther afield and begun working with Anthropic.In the midst of all this, the company is rumored to be launching a smart speaker in early 2027, striking content deals with Disney, and fending off growing competition from the likes of Anthropic and Google. It’s also potentially working towards an IPO, as CEO Sam Altman told CNBC that, “We are open to going public at the right time.”Follow topics and authors from this story to see more like this in your personalized homepage feed and to receive email updates.Terrence O’BrienCloseTerrence O’BrienWeekend EditorPosts from this author will be added to your daily email digest and your homepage feed.FollowFollowSee All by Terrence O’BrienAICloseAIPosts from this topic will be added to your daily email digest and your homepage feed.FollowFollowSee All AIAmazonCloseAmazonPosts from this topic will be added to your daily email digest and your homepage feed.FollowFollowSee All AmazonAmazon AlexaCloseAmazon AlexaPosts from this topic will be added to your daily email digest and your homepage feed.FollowFollowSee All Amazon AlexaBusinessCloseBusinessPosts from this topic will be added to your daily email digest and your homepage feed.FollowFollowSee All BusinessNewsCloseNewsPosts from this topic will be added to your daily email digest and your homepage feed.FollowFollowSee All NewsNvidiaCloseNvidiaPosts from this topic will be added to your daily email digest and your homepage feed.FollowFollowSee All NvidiaOpenAICloseOpenAIPosts from this topic will be added to your daily email digest and your homepage feed.FollowFollowSee All OpenAITechCloseTechPosts from this topic will be added to your daily email digest and your homepage feed.FollowFollowSee All TechMore in: Chip race: Microsoft, Meta, Google, and Nvidia battle it out for AI chip supremacyNvidia keeps riding the AI boom, with Q4 revenue up 73 percent to $68.1 billion.Stevie BonifieldFeb 25Nvidia pays a reported $20 billion for most of the AI chip startup Groq.Richard LawlerDec 24, 2025Nvidia tests of Intel’s 18A chip manufacturing process “stopped moving forward.”Richard LawlerDec 24, 2025Most PopularMost PopularNetflix walks away from its deal to buy Warner Bros.after Paramount came back with a better offerBurger King will use AI to check if employees say ‘please’ and ‘thank you’Why no magnets in Galaxy S26? 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