I. OpenAI

Funding Rounds & Valuation

• Raised $40 billion at a $300 billion post-money valuation in March 2025, led by SoftBank.
• Completed a $6.6 billion capital raise in October 2024 with a $157 billion valuation, including investments from Microsoft, Nvidia, and SoftBank.
• Conducted a $6.6 billion share sale in October 2025, valuing the company at $500 billion.
• Total funding reached $57.9 billion across 11 funding rounds as of March 2025.

Microsoft Partnership

• Microsoft invested over $13 billion into OpenAI.
• Microsoft owns a 27% stake in the for-profit OpenAI Group PBC, valued at $135 billion, following the 2025 restructuring.
• Agreed to purchase an incremental $250 billion of Azure services from Microsoft.

NVIDIA Partnership

• NVIDIA invested in OpenAI's $6.6 billion funding round in October 2024.
• In September 2025, OpenAI and NVIDIA announced a partnership including a potential deployment of at least 10 gigawatts of NVIDIA systems and a $100 billion investment from NVIDIA in OpenAI.

AMD Deal

• In October 2025, OpenAI announced a multi-billion dollar deal with AMD.
• OpenAI committed to purchasing six gigawatts worth of AMD chips, starting with the MI450.
• OpenAI will have the option to buy up to 160 million shares of AMD, about 10% of the company.

Oracle Partnership