OpenAI Funding Round Aims for $100 Billion as Company Slashes Spending Plans by Over Half
17 Sources
[1]
OpenAI aims to secure $100 Billion in latest funding round, reportedly aiming for an $800 billion valuation -- Parties offering up cash include Nvidia, Microsoft, SoftBank, and more
OpenAI may be on the cusp of securing a new stockpile of cash to burn through, with the business looking to secure $100 billion in funding from a range of tech and investment firms, Bloomberg reports. The company is reportedly seeking a valuation of around $850 billion, according to the outlet's
[2]
OpenAI Funding on Track to Top $100 Billion With Latest Round
OpenAI is close to finalizing the first phase of a new funding round that is likely to bring in more than $100 billion, according to people familiar with the matter, a record-breaking financing deal that would give the startup additional capital to build out its artificial intelligence tools. As
[3]
Nvidia, OpenAI near $30 billion investment in place of unfinished $100 billion deal, FT reports
Feb 19 (Reuters) - Nvidia (NVDA.O), opens new tab is close to finalizing a $30 billion investment into OpenAI that will replace the long-term $100 billion commitment agreed upon by the companies last year, the Financial Times reported on Thursday, citing sources. The deal, which would be part of a
[4]
OpenAI resets spending expectations, tells investors compute target is around $600 billion by 2030
OpenAI is telling investors that it's now targeting roughly $600 billion in total compute spend by 2030, months after CEO Sam Altman touted $1.4 trillion in infrastructure commitments. The artificial intelligence company is providing a lower number and more defined timeline for its planned
[5]
OpenAI Massively Cuts Spending Plan as Reality Closes in
During a November podcast appearance alongside OpenAI investor Grad Gerstner, CEO Sam Altman lost his cool. After Gerstner challenged him on how a company "with $13 billion in revenues" can "make $1.4 trillion of spend commitments" through 2030, Altman got catty. "If you want to sell your shares,
[6]
OpenAI forecasts its revenue will top $280 billion in 2030 | Fortune
The revenue forecast reflects OpenAI's strong momentum in subscription sales for its AI software to consumers and businesses. OpenAI also recently began testing advertising for certain users, creating a new potential moneymaker for the company. OpenAI Chief Financial Officer Sarah Friar recently
[7]
OpenAI said to be finalizing $100 billion funding round
Less than a year after it closed the largest fundraising round by a private tech company in history, OpenAI is closing in on a new record. Bloomberg reports the AI giant is close to finalizing a round that is expected to top $100 billion. That's expected to boost the company's valuation to more
[8]
Nvidia nears deal for scaled-down investment in OpenAI: report
San Francisco (United States) (AFP) - Nvidia is on the cusp of investing $30 billion in OpenAI, scaling back a plan to pump $100 billion into the ChatGPT maker, the Financial Times reported Thursday. The AI-chip powerhouse will be part of OpenAI's new funding round with an agreement that could be
[9]
OpenAI Tempers Compute Spending Target To $600 Billion, Projects $280 Billion Revenue By 2030 As Mega Funding Round Nears: Report - Amazon.com (NASDAQ:AMZN), Microsoft (NASDAQ:MSFT)
OpenAI is reportedly tempering some of its most aggressive infrastructure plans, telling investors it now expects to spend roughly $600 billion on computing power through 2030. Sees $280 Billion In Revenues By 2030 OpenAI's latest targets aim to align its capital outlays with expected revenue
[10]
NVIDIA's Revised Investment in OpenAI Expected to Be More Than "Three Times Lower" Than What the Industry Originally Believed
Details about NVIDIA's financing scheme towards OpenAI are here, and it is claimed that the company intends to invest 'one-third' of the initial figure everyone perceived. Team Green's investments and stake acquisitions are attracting significant attention in the industry, as they are an indirect
[11]
Nvidia Nears $30 Billion Stake in Record-Breaking OpenAI Funding Round | PYMNTS.com
By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions. The Nvidia investment would be part of a funding round in which OpenAI is
[12]
Nvidia Pivots To $30 Billion Direct Stake In OpenAI, Decoupling From $100B Milestone Plan As Sam Altman Hopes To Remain 'Gigantic Customer' - NVIDIA (NASDAQ:NVDA)
Nvidia Corp. (NASDAQ:NVDA) has entered the final stages of a landmark $30 billion equity investment in OpenAI, effectively replacing a massive $100 billion infrastructure agreement that had been the subject of intense market speculation. A Strategic Decoupling The $30 billion deal, confirmed by
[13]
OpenAI Does a Numbers Reset That Seems Plausible; But is it Feasible?
For starters, the overall spends dropped from the earlier $1.4 trillion to about $600 billion till 2030 When OpenAI gives out revenue numbers, the world sits up and takes notice. Not because they actually believe everything that's said, but because of the rarity of the event itself in the PR
[14]
OpenAI Eyes $280 Billion in Revenue by 2030 With Growth in Enterprise and Consumer AI
OpenAI Targets Paid AI Growth in Consumer and Enterprise Markets OpenAI's revenue outlook reflects momentum in paid subscriptions for its AI software across consumer and business offerings. The company has focused on expanding usage while converting more users into paying customers. OpenAI Chief
[15]
OpenAI funding round on track to top $100 bln- Bloomberg By Investing.com
Investing.com-- OpenAI is close to finalizing the first phase of a new funding round that is slated to raise over $100 billion, Bloomberg reported on Thursday, citing people familiar with the matter. The latest funding round could value the ChatGPT maker at more than $850 billion, the Bloomberg
[16]
NVIDIA to Invest $30B in OpenAI, Unfinished $100B Multi-Year Plan to be Replaced
OpenAI Raises $6.6 Billion in Fresh Funding from Microsoft and Nvidia OpenAI plans to reinvest a substantial portion of the new capital into NVIDIA hardware. The AI developer relies heavily on Nvidia's advanced chips to train and run large language models, including ChatGPT. This spending supports
[17]
Nvidia close to investing $30 billion in OpenAI's mega funding round, source says
Feb 19 (Reuters) - Nvidia is close to finalizing a $30 billion investment in OpenAI, as the chipmaker moves to take a stake in one of its largest customers, a person familiar with the matter said. The investment is part of a fundraising round in which OpenAI is seeking more than $100 billion, the
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OpenAI is finalizing a massive funding round targeting over $100 billion from major tech firms including Nvidia, Amazon, SoftBank, and Microsoft, potentially valuing the company above $850 billion. But the ChatGPT maker has dramatically cut its infrastructure spending commitments from $1.4 trillion to $600 billion by 2030, signaling a recalibration amid mounting investor concerns about the AI industry's path to profitability.
OpenAI Secures Historic Funding Round Amid Industry Scrutiny
OpenAI is closing in on finalizing a funding round that could bring in more than $100 billion, marking one of the largest financing deals in tech history
2
. The artificial intelligence company's valuation could exceed $850 billion once the funding is complete, with a pre-money value of $730 billion2
. Strategic investors including Amazon, Nvidia, Microsoft, and SoftBank are leading the first phase of this funding round, with commitments expected to be finalized by the end of February2
. Amazon is expected to invest up to $50 billion, SoftBank as much as $30 billion, and Nvidia is in discussions to contribute $30 billion3
4
. These AI investments underscore the circular nature of the industry, where companies invest in firms that often purchase their chips and cloud computing services in return.
Source: Analytics Insight
Dramatic Spending Cut Signals Strategic Shift
In a significant recalibration, OpenAI is now telling investors it's targeting roughly $600 billion in total compute spend by 2030, a dramatic reduction from CEO Sam Altman's earlier commitment of $1.4 trillion in infrastructure spending
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. This shift comes as broader concerns mounted that the company's expansion ambitions were too ambitious relative to potential revenue4
. The ChatGPT maker generated $13.1 billion in revenue in 2025 while burning through $8 billion, lower than its $9 billion target4
. The company is now projecting total revenue for 2030 will exceed $280 billion, with nearly equal contributions from consumer and enterprise businesses4
. This revised spending plan is meant to more directly tie to expected revenue growth, addressing investor anxiety about capital expenditures that have strained the stock market.Nvidia Deal Reshapes Partnership Structure
Nvidia is close to finalizing a $30 billion investment in OpenAI that will replace the long-term $100 billion commitment the companies agreed upon last year
3
. While OpenAI will reinvest much of its new capital into Nvidia hardware, the companies will not proceed with the $100 billion multi-year investment partnership they announced in September3
. This restructuring reflects a more pragmatic approach to compute infrastructure partnerships. As part of Amazon's investment, OpenAI is expected to expand its use of Amazon's chips and cloud computing services2
. The money from these strategic investors is expected to come in several tranches over the course of 20262
.
Source: Analytics Insight
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Competition Intensifies as Growth Metrics Climb
ChatGPT now supports more than 900 million weekly active users, up from 800 million in October
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. Despite declaring a "code red" in December to focus on improving the chatbot amid competition from Google and Anthropic, ChatGPT is back to record highs in both weekly active and daily active users4
. The company's coding product, Codex, has surpassed 1.5 million weekly active users, competing directly with Anthropic's Claude Code4
. OpenAI also released GPT 5.3 Codex, marking its first deployment that moves away from relying solely on Nvidia chips1
.Path to Profitability Remains Uncertain
OpenAI's valuation continues climbing despite questions about the path to profitability. The company is projected to run out of cash entirely by 2027 without additional funding
1
. Following the first phase with strategic investors, OpenAI plans to pursue venture capital firms, sovereign wealth funds, and other financial investors before its eventual IPO1
2
. Critics point to the AI bubble concerns, noting that rumored investments send stock prices rising even without clear profitability paths1
. Sam Altman's tone has shifted noticeably since November, when he bristled at questions about how a company with $13 billion in revenues could make $1.4 trillion in spending commitments5
. The recalibration suggests OpenAI is attempting to balance ambitious AI development goals with investor expectations for sustainable growth and eventual returns on their massive capital investments.
Source: Futurism
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