Amazon and OpenAI have announced a sweeping multi-year strategic partnership, with Amazon committing $50 billion in investment, AWS securing exclusive third-party distribution rights for OpenAI’s enterprise agent platform Frontier, and OpenAI agreeing to consume approximately 2 gigawatts of Amazon’s custom Trainium compute capacity, according to a press release.
The investment is part of a $110 billion funding round that values OpenAI at $730 billion pre-money, with Nvidia and SoftBank each contributing $30 billion. The companies will also co-develop custom AI models for Amazon’s own products, including Alexa, and jointly build a new stateful agent runtime on Amazon Bedrock.
Split between Trainium 3 and 4
Amazon’s $50 billion commitment is structured in two parts: $15 billion upfront, with the remaining $35 billion contingent on conditions that, according to sources cited by The Information, may require OpenAI to complete an IPO or reach an as-yet-undefined…
https://www.tomshardware.com/tech-industry/amazon-invests-50-billion-in-openai
