2 links tagged with all of: ai + amazon + funding + openai + investment
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Amazon is in discussions to invest up to $50 billion in OpenAI, which is seeking $100 billion in total funding that could value the AI company at $830 billion. CEO Andy Jassy is leading the negotiations, which may strengthen Amazon's partnership with OpenAI, already tied to Microsoft for computing power.
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Amazon is negotiating a potential investment of up to $50 billion in OpenAI, showcasing a shift in strategy after previously funding its rival, Anthropic. The deal could be finalized soon, contributing to a larger funding round that may reach $100 billion, involving other major investors.
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