OpenAI said to be finalizing $100 billion funding round

2 days ago 8

Chris Morris

Thu, February 19, 2026 astatine 7:05 AM CST 1 min read

Less than a twelvemonth aft it closed the largest fundraising circular by a backstage tech institution successful history, OpenAI is closing successful connected a caller record. Bloomberg reports the AI elephantine is adjacent to finalizing a circular that is expected to apical $100 billion. That's expected to boost the company's valuation to much than $850 billion.

The round, which has been rumored for months, has not yet closed, but backers are expected to finalize their allocations by the extremity of the month. Among the companies expected to enactment wealth into OpenAI are Amazon (which could put arsenic overmuch arsenic $50 billion), SoftBank (expected to put $30 billion), Nvidia ($20 billion) and Microsoft. Venture superior firms would determine their investments pursuing the firm commitments.

While $100 cardinal much than doubles the grounds $40 cardinal OpenAI raised past March, the institution is continuing to walk trillions of dollars successful infrastructure – and it has monolithic fiscal commitments to companies similar Nvidia and Oracle.

While marketplace watchers are starting to wonderment erstwhile these investments volition statesman to crook a profit, OpenAI laminitis and CEO Sam Altman told CNBC that's not the company's absorption astatine present.

“We are increasing astatine an highly accelerated complaint close now,” helium said. “I deliberation arsenic agelong arsenic we tin person tenable portion economics, we should absorption connected continuing to turn faster and faster, and we’ll get profitable erstwhile we deliberation it makes sense.”

All of this comes arsenic OpenAI is barreling toward an IPO, possibly arsenic aboriginal arsenic aboriginal this year. The institution and rival Anthropic are reportedly successful a horserace to beryllium the archetypal large AI institution to spell public.

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