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Amazon's $50 bn OpenAI investment may depend on IPO or AGI: Report
short by Neeraja Nath / on Thursday, 26 February, 2026
Amazon's plans to invest up to $50 billion in OpenAI may depend on the AI developer pursuing an IPO or it reaching artificial general intelligence(AGI) milestone, The Information reported. The report added $15 billion of the investment would be paid upfront. Earlier, reports said OpenAI is preparing for an IPO that could value the company at up to $1 trillion.
read more at Reuters