37分前
Amazon Commits $50 Billion to OpenAI in Record $110 Billion Round and AWS Cloud Deal
On February 27, 2026, Amazon.com, Inc. said it would invest $50 billion in OpenAI as part of the AI firm's $110 billion private funding round, valuing OpenAI at $730 billion pre-money. The multi-year arrangement also designates Amazon Web Services as OpenAI's exclusive third-party cloud provider and expands OpenAI's AWS usage by $100 billion over eight years. Amazon shares traded around $208.21 with a modest intraday gain and a market cap near $2.218 trillion following the announcement.