Amazon Eyeing $10B OpenAI Investment

Amazon potentially investing over ten billion dollars in OpenAI, following a major restructuring, could significantly reshape the AI landscape. This move comes as tech giants like Microsoft and Amazon are spreading their bets across the generative AI market, with Amazon already investing in Anthropic. The intense demand for computing power is driving these investments, with AWS and OpenAI making substantial infrastructure commitments. This period marks rapid growth and strategic maneuvering in the AI industry.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.