OpenAI's up to $110 billion raise lines up almost exactly with the $111 billion it just added to its cash burn forecast

OpenAI's up to $110 billion raise lines up almost exactly with the $111 billion it just added to its cash…

OpenAI closes $110B round from Amazon ($50B), Nvidia, SoftBank at $730B valuation—exactly matching its revised cash burn forecast. Inference costs quadrupled in 2025 with profitability deferred to 2030; the message: frontier AI stays capital-intensive and expensive, not a commoditized service.