The deal could ease some of Wall Street's fears about Amazon's monster $200 billion capex spending, and accelerate its ...
14hon MSN
Amazon, Nvidia and SoftBank pour $110 billion into OpenAI — raising the stakes for AI monetization
OpenAI’s new $730 billion valuation is more than double what it was a year ago, but the company’s financials pale in ...
OpenAI's latest funding round is even bigger than its prior financing, which was a record amount for private tech companies.
"We think they’ll be one of the big winners in AI, we can help them grow, and we believe we’ll earn a strong return for Amazon over the long term," said Amazon CEO Andy Jassy.
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