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WSJ Tech News Briefing

TNB Tech Minute: OpenAI Secures $110 Billion in New Funding

WSJ Tech News Briefing

The Wall Street Journal

Tech News, News

4.31.7K Ratings

🗓️ 27 February 2026

⏱️ 2 minutes

🧾️ Download transcript

Summary

Plus: OpenAI CEO Sam Altman wades into the standoff between Anthropic and the Pentagon. And how Jack Dorsey explained cutting nearly half of Block’s staff. Julie Chang hosts. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Access to affordable credit helps me pay my employees, but I don't really need it.

0:05.0

Infliction is killing me!

0:08.0

But who cares? Big retailers are making record profits!

0:12.0

That's why we support the Durban Marshall Credit Card Bill!

0:15.0

See? Banks and credit unions help small businesses make payroll.

0:18.0

This bill would cut the vital resources they need.

0:25.1

While increasing megastore profits, they deserve it. Don't they?

0:29.1

Tell Congress, stop the Durban Marshall money grab for corporate megastores.

0:31.2

Paid for it by the Electronic Payments Coalition.

0:38.7

Here's your morning TNB Tech Minute for Friday, February 27th. I'm Julie Chang for the Wall Street Journal.

0:46.5

OpenAI has secured $110 billion in new funding. The deal values the company at $730 billion before the investment, and this round of financing includes $30 billion from SoftBank,

0:52.1

$50 billion from Amazon, and $30 billion from Nvidia.

0:56.5

Amazon will invest in initial $15 billion with the remainder contingent on milestones.

1:02.1

The Amazon deal also includes OpenAI buying billions of dollars worth of Amazon's AI chips,

1:07.8

marking a shift from its historical reliance on Nvidia GPUs. OpenAI said additional

1:13.0

investors are expected to join the round. News Corp, owner of the Wall Street Journal, has a content

1:18.4

licensing partnership with OpenAI. Plus, we exclusively report that OpenAI CEO Sam Altman

1:24.9

has waded into the standoff between Anthropic and the Pentagon over the use of AI on the battlefield.

1:31.2

Altman told his staff yesterday evening that the company was working on a deal that might help solve the impasse.

1:36.6

A person familiar with the matter said no deal has been signed and the talks could fall through.

1:41.6

Earlier yesterday, Anthropic CEO Dario Amadeh announced that the company

1:45.5

had rejected the Department of War's demands. And Jack Dorsey, the chairman and co-founder of Block,

...

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