tech
February 27, 2026
OpenAI snags $110 billion in investments from Amazon, Nvidia, and Softbank
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TL;DR
- OpenAI secured $110 billion in new funding commitments.
- Amazon is investing $50 billion and entering a strategic partnership with OpenAI.
- The Amazon partnership includes plans for custom models and making AWS a third-party provider of OpenAI Frontier.
- Nvidia and SoftBank are each contributing $30 billion.
- Nvidia's prior $100 billion investment plan is reportedly on ice.
- OpenAI reiterated its strong partnership with Microsoft.
- The company is rumored to be launching a smart speaker in early 2027 and is potentially working towards an IPO.
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