OpenAI pursues $100B funding round at $830B valuation as Amazon investment talks intensify
26 Sources
[1]
OpenAI is reportedly trying to raise $100B at an $830B valuation | TechCrunch
OpenAI is in talks to raise up to $100 billion in a funding round that could value the ChatGPT maker at up to $830 billion, the Wall Street Journal reported Thursday, citing anonymous sources. The company is aiming to raise the funding by the end of the calendar first quarter next year, and it may
[2]
Amazon reportedly in talks to invest $10B in OpenAI as circular deals stay popular | TechCrunch
Amazon is in early discussions to invest as much as $10 billion in OpenAI in a deal that would see the AI lab using the e-commerce giant's AI chips, CNBC reported. If it materializes, the deal would value OpenAI at more than $500 billion, Bloomberg reported, citing an anonymous source. Amazon has
[3]
OpenAI May Raise $10 Billion From Amazon, The Information Says
OpenAI is in initial discussions to raise at least $10 billion from Amazon.com Inc. and use its chips, a potential win for the online retailer's effort to broaden its AI industry presence and compete with Nvidia Corp. The deal under discussion could value OpenAI north of $500 billion and see it
[4]
Amazon in talks to invest $10 billion in OpenAI and supply its Trainium chips
Amazon is in discussions with OpenAI to invest $10 billion in the company while supplying more of its AI chips and cloud computing services, according to The Financial Times. The deal would push OpenAI's valuation over $500 billion but is likely to raise more questions about the company's circular
[5]
OpenAI in talks with Amazon about investment that could exceed $10 billion
The details are fluid and still subject to change but the investment could exceed $10 billion, according to a person familiar with the matter who asked not to be named because the talks are confidential. The Information first reported on the potential deal. The discussions come after OpenAI
[6]
Amazon in talks to invest $10bn in developer of ChatGPT
OpenAI seeking to strike latest deal in its efforts to pay for huge spending on datacentres Amazon is in talks to invest more than $10bn (£7.5bn) in OpenAI, in the latest funding deal being struck by the startup behind ChatGPT. If it goes ahead, the market valuation of OpenAI could rise above
[7]
Experts say Amazon is playing the long game with its potential $10 billion OpenAI deal: 'ChatGPT is still seen as the Kleenex of AI' | Fortune
These days, the OpenAI investment news cycle feels like the most expensive game of musical chairs ever played. And this week, there's a new player scrambling for a seat. Amazon is in talks to invest at least $10 billion in OpenAI, according to a report from The Information, in a deal that could
[8]
OpenAI and Amazon in talks for $10 billion funding deal
OpenAI is in talks with Amazon for a $10 billion investment from the e-commerce giant, according to a new report, in a deal that could also let the ChatGPT maker use Amazon's AI chips. Reuters, citing an unnamed source familiar with the matter, reports that the funding deal is not yet finalized
[9]
OpenAI could reportedly raise $10B+ in funding from Amazon - SiliconANGLE
OpenAI Group PBC is in talks to raise at least $10 billion from Amazon.com Inc., The Information reported late Tuesday. The retail and cloud giant is no stranger to investing in large language model startups. It's the biggest backer of Anthropic PBC, OpenAI's top rival. A few weeks ago, Amazon Web
[10]
OpenAI to Use Amazon's AI Chips as Part of New $10 Bn Deal: Reports | AIM
Amazon is in talks to invest $10 billion in OpenAI, a report from Reuters stated. The report, which cited sources familiar with the matter, revealed that the negotiations between the two companies are "very fluid" at the moment. The deal could value OpenAI at more than $500 billion. Another
[11]
OpenAI seeks $100B funding at $830B valuation
OpenAI is seeking up to $100 billion in new funding that could value the company at $830 billion, according to a report from The Wall Street Journal. The artificial intelligence startup aims to complete this round by the end of the first quarter at the earliest. The fundraising represents one of
[12]
Amazon Eyes Major Investment in OpenAI, in What Could Be Tech's Next Big Circular Deal
The companies are in talks for a deal that would see OpenAI buy some of Amazon's custom AI chips, and that would likely push OpenAI's valuation above $500 billion, according to a report from The Information confirmed by CNBC. The talks reportedly started in October, after OpenAI completed its
[13]
Amazon eyes 10 billion dollar deal with OpenAI
Amazon is discussing a $10 billion investment in OpenAI along with supplying Trainium AI chips and additional cloud computing services through Amazon Web Services, according to the Financial Times. The proposed investment would elevate OpenAI's valuation above $500 billion. Discussions highlight
[14]
OpenAI discussed raising tens of billions at about $750 billion valuation: The Information - The Economic Times
OpenAI has held preliminary talks with some investors about raising funds at a valuation of around $750 billion, the Information reported on Wednesday. The ChatGPT maker could raise as much as $100 billion, the report said, citing people with knowledge of the discussions. Reuters could not
[15]
OpenAI Eyes Up To $100 Billion Fundraise At $750 Billion Valuation As ChatGPT Maker Lays Groundwork For Potential $1 Trillion IPO: Report - Amazon.com (NASDAQ:AMZN), Microsoft (NASDAQ:MSFT)
ChatGPT-parent OpenAI is reportedly holding early discussions with investors about a massive capital raise. OpenAI Discusses Massive Funding Round OpenAI has held preliminary talks with investors about raising as much as $100 billion at a valuation of roughly $750 billion, reported Reuters (via
[16]
Amazon in talks to invest $10bn in OpenAI
Amazon is in discussions to invest more than $10 billion in OpenAI, the company behind ChatGPT, in a deal that could value the AI firm at over $500 billion, according to The Information, a tech news site that revealed the negotiations. The potential investment would help OpenAI fund the massive
[17]
NVIDIA's AI Chips Might Have a New "Challenger" Onboard, and No, It's Not Google; OpenAI Plans to Deploy Amazon's Trainium ASIC in a Mega-Deal
ASICs are mounting up the pressure on NVIDIA's AI chips, as, according to a new report, Amazon is looking to sign a multi-billion-dollar deal with OpenAI involving Trainium chips. There's no doubt that the AI world is in dire need of capital to fuel its advancements, and apart from all tech giants
[18]
OpenAI in talks to raise at least $10 billion from Amazon and use its AI chips - The Economic Times
OpenAI is reportedly in early talks with Amazon to raise $10 billion and may adopt its Trainium AI chips. The deal could value OpenAI above $500 billion and boost Amazon's bid to compete with Nvidia in AI hardware. Negotiations are preliminary, but the move highlights growing investment and
[19]
Amazon Eyes $10 Billion Investment and Chip Deal in OpenAI | PYMNTS.com
That investment could value the artificial intelligence startup at upwards of $500 billion, Reuters reported late Tuesday (Dec. 16), citing a source familiar with the matter. That source said the talks between the companies are "very fluid." Reuters added that its report followed an earlier one
[20]
Sam Altman's OpenAI In Talks To Raise $10 Billion From Amazon And Use Its AI Chips: Report - Amazon.com (NASDAQ:AMZN), Microsoft (NASDAQ:MSFT)
Sam Altman-led OpenAI is reportedly in talks with Amazon.com Inc. (NASDAQ:AMZN) about a potential investment that could exceed $10 billion and a deal to use its artificial intelligence (AI) chips. The news was first reported by The Information on Tuesday and later by several news outlets,
[21]
OpenAI and Amazon in talks for $10 billion+ investment, signaling AI arms race escalates beyond Azure
OpenAI, the architect of the generative AI revolution, is reportedly in talks with Amazon for an investment that could exceed $10 billion, according to sources familiar with the matter. This potential deal marks the latest escalation in the intense technological and financial arms race defining the
[22]
Sam Altman's OpenAI in talks to raise money at $750B: report
Sam Altman's OpenAI has reportedly held talks with private investors about raising money at an eye-popping $750 billion valuation - a move that comes amid rumblings that the artificial intelligence giant is also considering going public. The company best known for creating ChatGPT is looking to
[23]
OpenAI-Amazon Talks Hint at $10 Billion AI Power Shift
OpenAI in Talks With Amazon for Massive AI Deal Beyond Microsoft OpenAI is in talks with Amazon about a major collaboration that could include investment and the use of Amazon's AI chips. According to CNBC and The Information, while talks are still progressing and terms have yet to be finalized,
[24]
Amazon Draws Fresh Interest as OpenAI Deal Highlights AWS's AI Infrastructure Play | Investing.com UK
Amazon.com (NASDAQ:AMZN) stock is trading higher in premarket hours on December 17, 2025, following news that OpenAI is in discussions with the tech giant about a potential investment exceeding $10 billion. The deal would also include OpenAI using Amazon's artificial intelligence chips, marking a
[25]
OpenAI discussed raising tens of billions at about $750 billion valuation, the Information reports
Dec 17 (Reuters) - OpenAI has held preliminary talks with some investors about raising funds at a valuation of around $750 billion, the Information reported on Wednesday. The ChatGPT maker could raise as much as $100 billion, the report said, citing people with knowledge of the
[26]
OpenAI in talks with Amazon for $10 bn investment and AI chips: Report
OpenAI is reportedly in talks with Amazon about a major new partnership that could include a large investment and the use of Amazon's artificial intelligence chips. The talks are still ongoing and the final terms have not been decided yet. However, the potential investment could be worth more than
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OpenAI is negotiating to raise up to $100 billion in a funding round that could value the ChatGPT maker at $830 billion by Q1 2026. Separately, Amazon is in early discussions to invest $10 billion in OpenAI while supplying its Trainium AI chips and cloud computing services, marking another circular deal in the AI industry as compute costs continue to escalate.
OpenAI Targets Massive Funding Round to Fuel AI Ambitions
OpenAI is in talks to raise up to $100 billion in an AI funding round that could value the company at up to $830 billion, according to reports from the Wall Street Journal
1
. The company aims to close the OpenAI funding round by the end of the first quarter next year and may seek capital from sovereign wealth funds. The Information initially reported the deal with a slightly lower $750 billion valuation figure1
.This capital injection would add substantially to OpenAI's existing coffers, which currently hold more than $64 billion according to PitchBook data
1
. The company was most recently valued at about $500 billion in a secondary transaction1
. The funding comes as OpenAI commits to spend trillions of dollars and strikes deals globally to maintain its lead in developing AI technology, while generating annual run-rate revenue of about $20 billion1
.Amazon Investment Deal Could Reshape AI Chip Landscape
Separately, Amazon is in early discussions to invest as much as $10 billion in OpenAI in a deal that would see the AI lab using the e-commerce giant's Amazon Trainium AI chips, CNBC reported
2
. The Amazon investment in OpenAI would value the company north of $500 billion, according to Bloomberg3
. However, talks remain at a preliminary stage and terms could change3
.Amazon has been looking to diversify its bets in the generative AI market, having already invested $8 billion in Anthropic, a rival to OpenAI
2
. The e-commerce giant unveiled the latest iteration of its Trainium series of AI chips earlier this month, complementing its cloud computing services via Amazon Web Services (AWS)2
. AWS has been designing its own AI chips since around 2015, and the hardware has become crucial for AI companies trying to train AI models and meet growing compute costs5
.Circular Deals Raise Questions About AI Economics
The proposed deal would mark the latest in a series of circular deals in the AI space, where major hardware manufacturers and cloud providers invest in young AI companies while the upstarts commit to using their data centers and AI chips for training models
2
. This past March, OpenAI invested $350 million of equity into CoreWeave, which used the funds to buy chips from its backer Nvidia. Those same chips provide compute to OpenAI, increasing CoreWeave's revenue and making OpenAI's stake more valuable2
.In October, OpenAI signed a deal to pick up a 10% stake in AMD and committed to using the chipmaker's AI GPUs, and also signed a chip usage agreement with Broadcom that month
2
. In November, the ChatGPT maker signed a $38 billion cloud computing deal with Amazon2
. These arrangements have sounded alarms among investors considering their circular nature, with OpenAI taking investment money and sending that cash back to the same company for infrastructure or chips4
.Related Stories
Growing Pressure from Competition and Infrastructure Demands
News of the deal comes after OpenAI completed its transition to a for-profit model in October, giving it more freedom to strike deals with investors other than Microsoft, one of the company's earliest backers with a 27% stake
2
. Microsoft has invested more than $13 billion in OpenAI and backed the company since 2019, but it no longer has a right of first refusal to be OpenAI's compute provider5
.The cash injection would help OpenAI with its spending on inferencing, which appears to be funded more by cash than cloud credits, suggesting the company's compute costs have grown beyond what partnerships and credits can subsidize
1
. As competition intensifies from rivals like Anthropic and Google, OpenAI has had to accelerate releases of new models and expand its presence in the developer and tooling ecosystem1
.OpenAI has made more than $1.4 trillion in substantial infrastructure commitments in recent months, including agreements with chipmakers Nvidia, Advanced Micro Devices and Broadcom
5
. Just two companies, Softbank and Oracle, are spending a combined $400 billion on new data centers for OpenAI's compute needs4
. Meanwhile, broader sentiment around AI has recently cooled as investors start doubting whether the pace of debt-fueled investment by giants like Amazon, Microsoft, Oracle, and OpenAI itself can be maintained in the long run1
.References
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