OpenAI nears $100B funding round with AMZN, NVDA, MSFT; valuation tops $850B

OpenAI is completing the first stage of a funding round exceeding $100 billion, potentially pushing its valuation above $850 billion. Strategic investors including Amazon.com (AMZN), Nvidia (NVDA), SoftBank, and Microsoft (MSFT) are committing capital to finance AI infrastructure expansion. The pre-money valuation stands at $730 billion. Reports indicate Amazon may invest up to $50 billion, SoftBank up to $30 billion, and Nvidia approximately $20 billion, with final amounts due by February 28, 2026. Funds are expected in batches throughout 2026. A second phase involving venture capital and sovereign wealth funds will follow. OpenAI also plans to increase adoption of Amazon’s custom chips and cloud services.