Bloomberg Technology

OpenAI Raises $110B From Amazon, Nvidia, Others | Bloomberg Tech 2/27/2026

Bloomberg’s Caroline Hyde discusses OpenAI’s $110 billion fundraise at a $730 billion valuation with key backing from Amazon. Plus, the feud between Anthropic and the Pentagon over AI use by the military continues. And Jack Dorsey’s Block says it’s cutting half its workforce in a bet on AI. ——– “Bloomberg Technology” is our daily news…

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Bloomberg’s Caroline Hyde discusses OpenAI’s $110 billion fundraise at a $730 billion valuation with key backing from Amazon. Plus, the feud between Anthropic and the Pentagon over AI use by the military continues. And Jack Dorsey’s Block says it’s cutting half its workforce in a bet on AI.
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“Bloomberg Technology” is our daily news program focused exclusively on technology, innovation and the future of business hosted by Ed Ludlow from San Francisco and Caroline Hyde in New York.

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18 Comments

  1. @AndreBerryman

    February 27, 2026 at 5:37 pm

    They should stop offering to pay bills and bring me a higher cap salary

  2. @AndreBerryman

    February 27, 2026 at 5:46 pm

    I’m talking $20b maybe 40b

  3. @IBALL509

    February 27, 2026 at 6:32 pm

    💲

  4. @blacksheepcat

    February 27, 2026 at 6:43 pm

    openai definitely doesn’t hold a value of 730B. no way. their general chatbot has started sucking (gemini is better) and codex can’t compete with claude code at all

    • @zachb1706

      February 27, 2026 at 9:51 pm

      I don’t agree that Gemini is better. In benchmarks maybe, but their actual performance is markedly behind GPT 5.3 and Sonnet 4.6

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    February 27, 2026 at 7:27 pm

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    February 27, 2026 at 7:27 pm

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    February 27, 2026 at 7:33 pm

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  11. @Lemon1111-r4s

    February 27, 2026 at 9:09 pm

    Highlights by TinaMind:
    00:14 OpenAI raises $110 billion in a funding round backed by Amazon, Nvidia, and SoftBank, reaching a valuation of $730 billion.
    02:06 As part of their deepening partnership, OpenAI will utilize Amazon’s internal chips, marking a significant vote of confidence in Amazon’s hardware.
    10:14 Anthropic rejects the Pentagon’s latest requests for AI safeguards over concerns regarding autonomous lethal strikes and domestic surveillance.
    26:53 Jack Dorsey’s Block announces plans to cut nearly half of its workforce as the company pivots its operational focus toward AI and efficiency.
    34:26 A global memory crunch is predicted to lead to a 13% contraction in the smartphone market, primarily impacting low-end Android devices.

  12. @AdnanaliMagan2025

    February 28, 2026 at 3:05 am

    Well actually but we have to work for every day and night sweet so doing a job maybe easier than you think about it so you do it by yourself and your future that is my advice because I love you

  13. @GeeWilks

    February 28, 2026 at 5:40 am

    They just signed a deal with the pentagon to spy on everyone. This company needs to die.

    • @atiq_

      February 28, 2026 at 1:09 pm

      Sam + Satan (satan says he is feeling insulted by this: don’t drag my good name into this) = OpenAI

  14. @FireBurns2

    February 28, 2026 at 4:42 pm

    All of our jobs are going to vanish. Who’s going to be able to afford to buy the products to use AI, when AI takes our jobs? 🤨💙❤️🔥🫩😵‍💫

  15. @pavelklofac5638

    March 1, 2026 at 3:05 pm

    SK HYNIX
    SAMSUNG
    2030 …long game.

  16. @AdnanaliMagan2025

    March 1, 2026 at 3:29 pm

    Well actually but you can open the shopping centre and supper market to be a good so you can open the hotel and restaurant inoder to drink a coffee and vegetables and chicken and eggs and some things else which I can’t conclude in this short time that is good so you can open the stores inoder to pay the suger and floor and oils for it to you and your future that is good so you should buy the clothes to be a good so you can buy the iPhone for it to you and your future that is good so you can buy the lordcars for you to be a good so you can buy the lordcars for you to be a good so you can buy the car in your future that is good so you can buy the electric viecle for you to be a good so you can buy the beyond that you have a good so you can pay the storms in your life with you and your future that is good so you can pay the telecommunications costs for you to be a good so tracking to be a good it from distrust to distrust from region to region from nation to nation and your future that is good so you can buy the jewellery in your future that is good so you can buy the sports stuff for you to be a good so you can buy the stake on it for you to be a good so you can buy the fishing in your future that is good so you can go to the seafood inoder to get a good so you should have a good

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