Filing: Amazon has completed its $50B investment in OpenAI; source: OpenAI received the final tranche this week, taking Amazon's position to roughly 5% (Financial Times)
Amazon completed a $50B OpenAI investment, giving it roughly 5% ownership and reshaping strategic alignment among major AI infrastructure players.
Excerpt
<a href="https://www.ft.com/content/8ae9e6e4-a53c-44da-8e7d-c9d81f0df4b9?accessToken=zwAAAZ-6af_SkdOK6ebkpTxE2tOOfcnYHw30uQ.MEYCIQDUd-_yZUoo3llQPHrs4yuX0SR0WrznLczygLoW4SZsLQIhAPLgzeAH5zK3KdZaJK1LwEd64qigiS5OXyhrU1NHFbHn&sharetype=gift&token=97afb22a-6c8d-4c56-86e5-ba00a79b87da&syn-25a6b1a6=1"><img align="RIGHT" border="0" hspace="4" src="http://www.techmeme.com/260731/i39.jpg" vspace="4" /></a>
<p><a href="https://www.techmeme.com/260731/p39#a260731p39" title="Techmeme permalink"><img height="12" src="http://www.techmeme.com/img/pml.png" style="border: none; padding: 0; margin: 0;" width="11" /></a> <a href="https://www.ft.com/">Financial Times</a>:<br />
<span style="font-size: 1.3em;"><b><a href="https://www.ft.com/content/8ae9e6e4-a53c-44da-8e7d-c9d81f0df4b9?accessToken=zwAAAZ-6af_SkdOK6ebkpTxE2tOOfcnYHw30uQ.MEYCIQDUd-_yZUoo3llQPHrs4yuX0SR0WrznLczygLoW4SZsLQIhAPLgzeAH5zK3KdZaJK1LwEd64qigiS5OXyhrU1NHFbHn&sharetype=gift&token=97afb22a-6c8d-4c56-86e5-ba00a79b87da&syn-25a6b1a6=1">Filing: Amazon has completed its $50B investment in OpenAI; source: OpenAI received the final tranche this week, taking Amazon's position to roughly 5%</a></b></span> — Ecommerce giant has roughly 5% stake in AI lab after equity deal — Amazon has completed a $50bn investment in OpenAI … </p>
Read at source: https://www.techmeme.com/260731/p39#a260731p39