OpenAI has raised US$ 110 billion in new funding at a US$ 730 billion pre-money valuation, deepening ties with major technology partners as demand for artificial intelligence tools accelerates. Businesses are increasingly deploying OpenAI’s tools across engineering, support, finance, sales, and operations. Its Frontier platform is designed to help enterprises build and manage AI systems for workplace use.
According to a press release, the round includes US$ 30 billion each from SoftBank and NVIDIA, and US$ 50 billion from Amazon. The announcement happened at Mobile world congress 2026 in Barcelona, Spain, and OpenAI has also established a strategic partnership with Amazon and secured a next-generation inference compute from NVIDIA.
Sam Altman, co-founder and CEO, OpenAI, said, “We’re pushing the frontier across infrastructure, research, and products to make AI more capable, reliable, and broadly useful. SoftBank, NVIDIA, and Amazon are long-term partners who share our ambition to turn real scientific progress into systems that deliver meaningful benefits for people at global scale.”
The company cited rapid growth across its software tools. Codex, its coding product, now has 1.6 million weekly users, more than triple the number at the start of the year. The new valuation also increases the value of the OpenAI Foundation’s stake in OpenAI Group to more than US$ 180 billion, expanding the non-profit’s capacity to fund philanthropic initiatives in areas including health and AI resilience.
Additional financial investors are expected to join the round. The funding will expand its global infrastructure and strengthen its balance sheet as it scales its products.