
Amazon plans to invest up to $50 billion in OpenAI, with an initial $15 billion upfront and an additional $35 billion contingent on OpenAI achieving an artificial general intelligence (AGI) milestone or pursuing an IPO, according to reports citing unnamed sources. SoftBank and Nvidia also intend to invest $30 billion each in installments this year. OpenAI is preparing for an IPO potentially valuing the company at $1 trillion. Neither Amazon nor OpenAI have confirmed these details.
Select a news story to see related coverage from other media outlets.