Amazon invests $50B in OpenAI and expands AWS deal to $138B. Analysis of stateful runtime, Frontier distribution, Azure exclusivity and what it means for enterprise AI.
Amazon's $50 billion OpenAI investment made big headlines, but the SEC filings tell a more complicated story.
"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.
Following is the unofficial transcript of a FIRST ON CNBC interview with Amazon CEO Andy Jassy and OpenAI CEO Sam Altman with Andrew Ross Sorkin on CNBC's "Squawk Box" (M-F, 6AM-9AM ET) today, Friday, ...
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