# OpenAI Keeps the Cloud Deal or Loses $35 Billion

- slug: openai-keeps-the-cloud-deal-or-loses-35-billion
- date: 2026-04-02
- category: Artificial Intelligence

Amazon conditioned $35 billion of its check on keeping the cloud partnership alive. If it ends, that equity vanishes. SoftBank borrowed $40 billion to write a $30 billion check. That is the actual architecture of the biggest funding round in Silicon Valley history.

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