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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…
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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…
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
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