OpenAI’s New $110B Raise At A $840B Valuation Marks The Largest Venture Deal Ever

Mary Ann Azevedo 2 Shares Email Facebook Twitter LinkedIn The AI rounds just keep getting bigger and bigger. OpenAI announced Friday that it has closed on a staggering $110 billion fundraise at an $840 billion post-money valuation. The financing marks the largest raise ever, according to Crunchbase data. The money comes from three sources, with SoftBank and Nvidia each ponying up $30 billion. Amazon is contributing the biggest share, with a $50 billion investment. However, OpenAI says additional investors are expected to join as the round progresses. The next-largest raise ever, per Crunchbase, was also raised by OpenAI in a $40 billion funding round in 2025. The third-largest was raised by rival Anthropic — a $30 billion Series G haul at a $380 billion post-money valuation that was announced on Feb. 12. The new valuation for OpenAI increases the value of the OpenAI Foundation’s stake in OpenAI group to over $180 billion, according to the company. Subscriber growth The company says it’s also inked a strategic partnership with Amazon and “secured next generation inference compute” with Nvidia as part of an expansion of its partnership with the chip giant. OpenAI claims that it now has more than 900 million weekly active users and over 50 million consumer subscribers. Subscriber momentum has picked up significantly so far in 2026, according to CEO and co-founder Sam Altman, with January and February on track to be the company’s largest months for new subscribers in its history. “We are entering a new phase where frontier AI moves from research into daily use at global scale,” he wrote in a blog post. “Leadership will be defined by who can scale infrastructure fast enough to meet demand, and turn that capacity into products people rely on. This funding and these partnerships let us do both.” Related Crunchbase query: Largest Private Financings To Venture-Backed Companies Related reading: SoftBank And OpenAI Make History With Largest Startup Financing Ever Anthropic Raises $30B At $380B Valuation In Second-Largest Venture Funding Deal Of All Time Illustration: Dom Guzman TagsAI startup unicorn venture Stay up to date with recent funding rounds, acquisitions, and more with the Crunchbase Daily. You may also like Artificial intelligence • Fintech • Startups Fintech Plaid Completes Tender Offer At $8B Valuation Mary Ann AzevedoFebruary 26, 2026 Fintech infrastructure company Plaid revealed on Thursday that it has completed a new fundraise to provide liquidity to employees at a valuation of... Artificial intelligence • Fintech • SaaS • Startups • Venture How This GV Investor Looks For The Next Stripe And Other ‘Compounding’ Startups In Fintech And AI Mary Ann AzevedoFebruary 26, 2026 Crunchbase News recently spoke with GV partner Elena Sakach to find out more about her investment thesis, her thoughts on what defines winning... Artificial intelligence • IPO • Public Markets • Real estate & property tech • SaaS • Seed funding • Startups • Venture IPOs Are Holding Up In 2026, But SaaS Debuts Aren’t Happening Joanna GlasnerFebruary 25, 2026 While the first couple months of the year brought a steady stream of market entries from companies in sectors such as construction tech, space tech... Artificial intelligence • Fintech • Startups Fintech Plaid Completes Tender Offer At $8B Valuation Mary Ann AzevedoFebruary 26, 2026 Fintech infrastructure company Plaid revealed on Thursday that it has completed a new fundraise to provide liquidity to employees at a valuation of... Artificial intelligence • Fintech • SaaS • Startups • Venture How This GV Investor Looks For The Next Stripe And Other ‘Compounding’ Startups In Fintech And AI Mary Ann AzevedoFebruary 26, 2026 Crunchbase News recently spoke with GV partner Elena Sakach to find out more about her investment thesis, her thoughts on what defines winning... Artificial intelligence • IPO • Public Markets • Real estate & property tech • SaaS • Seed funding • Startups • Venture IPOs Are Holding Up In 2026, But SaaS Debuts Aren’t Happening Joanna GlasnerFebruary 25, 2026 While the first couple months of the year brought a steady stream of market entries from companies in sectors such as construction tech, space tech... Artificial intelligence • Crypto • M&A • Regional • Seed funding • Startups • Venture Q1 Global Startup Funding Posts Strongest Quarter Since Q2 2022 With A Third Going To Massive OpenAI Deal April 3, 20257 Min Read