New Delhi, Feb. 27 -- Sam Altman announced on Friday that OpenAI has raised $110 billion in a blockbuster funding round that would value the ChatGPT maker at $840 billion.

The round, among the largest private capital raises on record , includes a $30 billion investment from SoftBank, $30 billion from Nvidia, and $50 billion from Amazon, Reuters reported.

The funding comes ahead of the AI startup's widely anticipated mega-IPO later this year, with additional investors expected to join as the round progresses, OpenAI said.

"We have raised a $110 billion round of funding from Amazon, NVIDIA, and SoftBank. We are grateful for the support from our partners, and have a lot of work to do to bring you the tools you deserve," Altman wrote in a ...