OpenAI Raises $110 Billion as AI Funding War With Anthropic Heats Up
Table of Contents
In February 2026, OpenAI announced a $110 billion funding round at a $730 billion pre-money valuation. Investors include Amazon, NVIDIA, and SoftBank.
OpenAI Funding Details
- Amazon: $50 billion investment, eight-year $100 billion deep partnership
- NVIDIA: $30 billion investment, priority access to next-gen inference compute
- SoftBank: $30 billion, betting on OpenAI’s AGI vision
Anthropic Funding Details
Anthropic closed a $30 billion Series G at a $380 billion post-money valuation. Led by Singapore’s GIC and Coatue, with Microsoft planning $5 billion and NVIDIA committing $10 billion.
Competition Focus
Claude Code vs GPT-5
- Claude Code: Popular choice for coding tools, over $2.5 billion annual revenue, enterprise subscriptions up 4x
- GPT-5: Proposing new ideas in math and physics that scientists find credible
Performance Comparison
On SWE-bench, Claude 4.5 Opus scores 80.9%, ahead of GPT-4o’s ~70% tier.
Market Landscape
Anthropic serves 8 of the Fortune 10, with 7x growth in clients spending over $100K annually. OpenAI’s annual revenue has exceeded $20 billion.
This AI funding war marks a shift from model competition to a full-scale battle of capital and infrastructure.
OpenAIAnthropicAI fundingGPT-5Claudelarge language modelsAI competition