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Nvidia (NVDA.O) and SoftBank have each completed their final $10 billion investment in OpenAI's previous funding round, fulfilling their respective $30 billion investment commitments, according to The Information, citing people familiar with the matter and a SoftBank statement. OpenAI disclosed in March that the round secured $122 billion in investment commitments at a post-money valuation of $852 billion; Amazon (AMZN.O) had previously committed to invest up to $50 billion and completed its full investment in July. With the previous round now closed, OpenAI may be paving the way for its next private fundraising, targeting about $30 billion at a valuation that could reach roughly $1.4 trillion. SoftBank said that with the latest investment completed, its cumulative investment in OpenAI has reached $64.6 billion, representing a stake of about 13%; the final investment was funded in part by a $11.1 billion high-yield bond issuance SoftBank completed at the end of September.
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