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OpenAI closed a $110 billion private round at a $730 billion pre-money valuation, dwarfing previous records. Key investors: Amazon ($50B, including AWS compute commitments), Nvidia ($30B), SoftBank ($30B). The funds target massive infrastructure scaling—think 2GW of AWS Trainium for training and 3GW of Nvidia inference capacity. As OpenAI put it: "Frontier AI moves from research into daily use at global scale." Round remains open for more. Sources: tech crunch Silicon Valley

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