OpenAI just closed its biggest funding round, raising $110 billion from Amazon, Nvidia, and SoftBank

OpenAI CEO Sam Altman seems to be making Hollywood a proposal. Does it matter if studio owners and talent agencies like it?

MANDEL NGAN/AFP via Getty Images

• OpenAI announced it secured a $110 billion funding round, its biggest yet.
• The round included investment from Amazon, Nvidia, and Softbank.
• OpenAI said it was entering a "new phase" where frontier AI was moving from research to daily use.

OpenAI just made its biggest raise yet.

The company said it has secured a $110 billion investment...