Technology · 27 February 2026
OpenAI Secures $110B Funding in AI Power Play
OpenAI has raised $110 billion in fresh funding, with backing from major technology investors including Amazon, Nvidia and SoftBank, according to Reuters. The deal significantly strengthens the company’s balance sheet as competition intensifies in artificial intelligence infrastructure and large-scale model development. The investment deepens ties with cloud and chip partners while reinforcing OpenAI’s position at the centre of the AI race. The funding round is expected to shape its next phase of expansion and strategic direction.
Reported by Reuters · How we write briefs