Saturday, 28 February, 2026
OpenAI Secures $110 Billion Funding From Tech Giants as Valuation Hits $730 Billion
OpenAI has reached a historic $730 billion valuation following a massive $110 billion funding round led by Amazon, Nvidia, and SoftBank. This unprecedented investment underscores the intense global race for artificial intelligence supremacy and provides OpenAI with the capital needed to develop next-generation frontier models. The partnership with key hardware and cloud providers will accelerate the commercialization of generative AI across global enterprise.
Read full story at Economic Times