Overview
- Amazon committed $50 billion, paying $15 billion now and up to $35 billion in the coming months if specified conditions are met.
- AWS becomes the exclusive cloud provider for OpenAI Frontier as OpenAI expands its existing AWS cloud services agreement by $100 billion and adopts Amazon’s Trainium chips.
- Nvidia and SoftBank are each investing $30 billion, and the new round follows earlier reports that Nvidia’s larger proposed stake had faced negotiation uncertainty.
- Investors set OpenAI’s valuation at $730 billion pre‑cash and $840 billion post‑money, supported by reported scale of more than 900 million weekly users, over nine million paying business customers, and 50 million consumer subscribers.
- OpenAI says its collaboration with Microsoft continues, with Azure remaining the exclusive platform for OpenAI APIs and the company’s own products.