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Amazon completes $50 billion investment in OpenAI
short by Jessica Rajan / on Saturday, 1 August, 2026
Amazon has completed its $50 billion investment in OpenAI, according to a filing with the US SEC. The company invested $15 billion in the first quarter, $13.7 billion in the second, and the remaining $21.3 billion after June 30. The deal gives Amazon nearly a 5% stake ahead of OpenAI's planned public listing.
read more at NewsBytes