OpenAI has secured $110 billion in funding at a $730 billion valuation. Nvidia and SoftBank each contributed $30 billion, while Amazon Web Services (AWS) provided $50 billion and expanded its technical partnership.
The expanded AWS deal includes $100 billion in cloud consumption over eight years, with AWS providing 2 gigawatts of computing capacity using its Trainium AI chips, including the upcoming Trainium4 for advanced FP4 workflows. This capacity will power OpenAI's new Stateful Runtime Environment for multi-step AI agents and its Frontier software platform, which AWS will exclusively distribute through third parties.
Microsoft, a long-standing OpenAI backer, also reaffirmed its commitment, maintaining its existing infrastructure and revenue-sharing agreements.
Nvidia will further its chip partnership by supplying 5 gigawatts of computing capacity powered by its new Vera Rubin architecture. This significant funding round may precede OpenAI's anticipated initial public offering.
OpenAI also reported record subscriber growth for ChatGPT, with over 50 million consumers and 9 million business users, driven partly by its Codex programming tool.