Round · Equity Round · Strategic Investment · Announced
OpenAI investment from SoftBank, NVIDIA and Amazon (February 2026)
OpenAI announced $110 billion in new investment at a $730 billion pre-money valuation, including $30 billion from SoftBank, $30 billion from NVIDIA and $50 billion from Amazon. This money is part of the funding round that OpenAI closed in March.
- Pre-money valuation
- $730B
- Announced · OpenAI
- SoftBank's earlier investments
- $34.6B
- Announced · SoftBank Group
- SoftBank's total investment after the third tranche
- $64.6B
- Announced · SoftBank Group
Amounts
Each number with its type, status and the sentence it comes from
| Amount | Value | Status | Source |
|---|---|---|---|
New investmentEquity raised · to OpenAICounted in a later event, not added again“Today we're announcing $110B in new investment at a $730B pre-money valuation.” | $110B | Announced | OpenAI ↗ |
Pre-money valuationPre-money valuation“Today we're announcing $110B in new investment at a $730B pre-money valuation.” | $730B | Announced | OpenAI ↗ |
SoftBankEquity investment · SoftBank Group → OpenAIPart of the amount above, not added again“This includes $30B from SoftBank, $30B from NVIDIA, and $50B from Amazon.” | $30B | Announced | OpenAI ↗ |
NVIDIAEquity investment · NVIDIA → OpenAIPart of the amount above, not added again“This includes $30B from SoftBank, $30B from NVIDIA, and $50B from Amazon.” | $30B | Announced | OpenAI ↗ |
AmazonEquity investment · Amazon → OpenAIPart of the amount above, not added again“This includes $30B from SoftBank, $30B from NVIDIA, and $50B from Amazon.” | $50B | Announced | OpenAI ↗ |
SoftBank's earlier investmentsInvested to date · SoftBank Group → OpenAI“SBG has invested an aggregate of USD 34.6 billion in OpenAI through SoftBank Vision Fund 2 since September 2024.” | $34.6B | Announced | SoftBank Group ↗ |
SoftBank's total investment after the third trancheInvested to date · SoftBank Group → OpenAI“As a result, SBG's cumulative investment in OpenAI totals USD 64.6 billion, and its ownership interest is approximately 13%.” | $64.6B | Announced | SoftBank Group ↗ |
Capacity and counts
| Measure | Value | Source |
|---|---|---|
NVIDIA dedicated inference capacity“We are also expanding our long standing collaboration with NVIDIA, including the use of 3 GW of dedicated inference capacity and 2 GW of training on Vera Rubin systems.” | 3 GW | OpenAI ↗ |
NVIDIA training capacity on Vera Rubin systems“We are also expanding our long standing collaboration with NVIDIA, including the use of 3 GW of dedicated inference capacity and 2 GW of training on Vera Rubin systems.” | 2 GW | OpenAI ↗ |
Participants
Amounts per investor are shown only when a source states them
| Organization | Role | Type | Note |
|---|---|---|---|
| OpenAI | Issuer | AI lab | — |
| SoftBank Group | Strategic | Corporate | — |
| NVIDIA | Strategic | Chips | — |
| Amazon | Strategic | Hyperscaler | — |
Key terms
- More investors
- OpenAI expected more financial investors to join as the round went on. OpenAI ↗
“Additional financial investors are expected to join as the round progresses.”
- Amazon and NVIDIA
- OpenAI also signed a strategic partnership with Amazon and secured inference compute with NVIDIA. OpenAI ↗
“We've also signed a strategic partnership with Amazon and secured next generation inference compute with NVIDIA.”
- OpenAI Foundation stake
- OpenAI says the round raises the value of the OpenAI Foundation's stake in OpenAI Group to over $180 billion. OpenAI ↗
“The valuation from this new round increases the value of the OpenAI Foundation's stake in OpenAI Group to over $180 billion, further strengthening what was already one of the most well-resourced nonprofits in history, and expands its capacity to fund philanthropy in areas such as health breakthroughs and AI resilience.”
- SoftBank agreement
- SoftBank signed a definitive agreement on February 27, 2026 (U.S. time) to invest USD 30.0 billion through SoftBank Vision Fund 2. SoftBank Group ↗
“SoftBank Group Corp. ("SBG") today announced that, on February 27, 2026 (U.S. time), it entered into a definitive agreement with OpenAI Group PBC ("OpenAI"), a U.S.-based company, to participate in OpenAI's fundraising round, and to make follow-on investments of USD 30.0 billion (JPY 4,674.3 billion*1) via SoftBank Vision Fund 2 (the "Follow-on Investment").”
- SoftBank tranches
- SoftBank planned three tranches of USD 10 billion on April 1, July 1 and October 1, 2026 (Japan time). SoftBank Group ↗
“Investment by SBG USD 10 billion USD 10 billion USD 10 billion SBG's investment timing April 1, 2026 (Japan time) July 1, 2026 (Japan time) October 1, 2026 (Japan time)”
- Securities
- SoftBank receives preferred shares that convert into OpenAI common shares upon an IPO or a related listing. SoftBank Group ↗
“Type of securities to be acquired Preferred Shares (automatically convertible into common shares of OpenAI upon an IPO or related listing transaction)”
- Closing conditions
- SoftBank's investment was subject to customary closing conditions. SoftBank Group ↗
“The Follow-on Investment is subject to the satisfaction of customary closing conditions.”
- SoftBank completed
- SoftBank says it completed the USD 30.0 billion investment with the third tranche on October 1, 2026 (Japan time). SoftBank Group ↗
“Following the Third Tranche Investment, SBG has now completed the USD 30.0 billion follow-on investments in OpenAI previously announced.”
Context
OpenAI funding round (March 2026)
Mar 31, 2026 · This investment is counted in the funding round that OpenAI closed on March 31, 2026.
Sources
- OpenAI, “Scaling AI for everyone”, Feb 27, 2026 · retrieved Oct 21, 2026
- SoftBank Group, “Follow-on Investments in OpenAI”, Feb 27, 2026 · retrieved Oct 21, 2026
- SoftBank Group, “Execution of Follow-on Investment (Third Tranche) in OpenAI”, Oct 1, 2026 · retrieved Oct 21, 2026
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