StocksHigh ImpactUpdated×6•Originally published 27 February 2026•Updated 27 February 2026•

1 min read

OpenAI Finalizes $110B Funding as Bloomberg Confirms Details Amid Anthropic-Pentagon Dispute

Key Facts

1OpenAI closed a massive $110 billion funding round, setting a new record for private tech companies.

2The round was backed by tech giants including Amazon, Nvidia, and Softbank.

3This funding surpasses the company's previous record of $40 billion raised last year.

OpenAI has officially closed its historic $110 billion funding round, securing a valuation of $730 billion. CEO Sam Altman expressed significant optimism regarding the deal, which includes major backing from Amazon, Nvidia, and SoftBank, alongside an exclusive distribution partnership with AWS. Bloomberg’s Caroline Hyde provided further confirmation of the funding details in a report on February 27, 2026. However, the broader AI sector is currently facing friction, highlighted by an ongoing feud between competitor Anthropic and the Pentagon over military AI applications. While OpenAI's capital raise underscores massive investor confidence, the industry remains wary of intensifying regulatory and ethical debates. These developments illustrate a complex landscape where unprecedented private valuations coexist with strategic defense-related conflicts.

6 months ago

Version History

Version 66 months ago

What changed: The story was updated to include Bloomberg's confirmation of funding details and new information regarding the conflict between Anthropic and the Pentagon.

Version 56 months ago

What changed: The story was updated to include the first public comments from OpenAI CEO Sam Altman to CNBC's "Squawk Box" regarding his excitement over the funding deal.

Version 46 months ago

What changed: Updated the reported valuation to $730 billion (down from the previously cited $840 billion), added context regarding year-over-year growth, and noted the company's financial scale relative to public competitors.

Version 36 months ago

What changed: The story was updated to reflect the official closing of the funding round on Friday, revealing OpenAI's $840 billion valuation and specific $30 billion investments from both Nvidia and SoftBank.

Version 26 months ago

What changed: The story was updated to include the appointment of AWS as the exclusive third-party cloud distribution partner for OpenAI Frontier models, adding a strategic operational layer to the financial investment.

Version 16 months ago

What changed: Specific details regarding Amazon's $50 billion contribution and its two-phase investment structure were disclosed.