▸ AI/LLM · TechCrunch
OpenAI Closes Record $110B Round at $730B Valuation
OpenAI announced $110 billion in new funding from Amazon ($50B), Nvidia ($30B), and SoftBank ($30B) at a $730 billion pre-money valuation. This is the largest private funding round in history, with Amazon also expanding its AWS partnership by $100 billion over eight years.
The bottom line: Marketing teams using ChatGPT APIs should expect continued rapid model improvements and enterprise features, but should also monitor how OpenAI's deepening Amazon partnership affects pricing and platform integrations.