Watch CNBC's Full Interview with OpenAI CEO Sam Altman and Amazon CEO Andy Jassy

OpenAI secures $110 billion funding from Amazon, Nvidia, SoftBank; valuation hits $730 billion

ChatGPT maker OpenAI has secured USD 110 billion in funding from Amazon, Nvidia, and SoftBank, pushing the company’s pre-money valuation to USD 730 billion. Amazon is leading the trio of tech heavyweights with a commitment of USD 50 billion. Nvidia and SoftBank have each committed USD 30 billion, OpenAI co-founder and CEO Sam Altman said on Friday. Additional investors are expected to join as the funding round progresses. Amazon will begin with …

Amazon & The Cost of (AI) Lateness

Om Malik, On my Om Amazon, on the other hand, is paying a big price for being slow, lumbering, bureaucratic, and woefully slow in getting on the "AI" bandwagon.

OpenAI raises 110B dollars from Amazon, Nvidia, SoftBank; valuation hits 730B

New York: ChatGPT maker OpenAI has received USD 110 billion in funding from Amazon, SoftBank and Nvidia, putting the technology company’s pre-money valuation at USD 730 billion. Amazon is leading the trio of tech heavyweights in commitments, putting up USD 50 billion, followed by USD 30 billion each from Nvidia and SoftBank, said OpenAI co-founder and CEO Sam Altman on Friday. Other investors are anticipated to join as the funding round progress…

OpenAI raises $110 billion from Amazon, Nvidia, Softbank at post-money valuation of $840 billion

This is the largest funding round for any AI startup to date. Led by Amazon, with participation from Nvidia and SoftBank, the deal underscores the massive capital backing of frontier AI as it moves from research to large-scale commercial deployment.

Watch CNBC's full interview with OpenAI CEO Sam Altman and Amazon CEO Andy Jassy

OpenAI CEO Sam Altman and Amazon CEO Andy Jassy join 'Squawk Box' to discuss OpenAI's $110 billion funding round, details of OpenAI-Amazon's strategic partnership and $50 billion investment, future of agentic AI, news of Anthropic rejecting Pentagon's offer in AI safeguard fight, impact of AI on the labor market, and more.

OpenAI's US$110 billion raise signals shift toward capital endurance and ecosystem diversification

OpenAI's newly announced US$110 billion funding round underscores a structural shift in the AI industry, where long-term capital endurance and ecosystem diversification may increasingly determine leadership more than model performance alone.