LLM News

OpenAI has closed the largest private financing round in history, raising up to $110 billion. Amazon is investing up to $50 billion as a strategic partner. The funding amount closely matches OpenAI's newly updated $111 billion cash burn forecast.

OpenAI has closed a $110 billion funding round with Amazon committing $50 billion, Nvidia $30 billion, and SoftBank $30 billion. The company is now valued at $730 billion, following a previous $40 billion round in 2025. The funding includes custom model development agreements between OpenAI and Amazon Web Services.