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ChatGPT Maker OpenAI Gets $110 Billion Funding From Amazon, SoftBank, Nvidia
ChatGPT maker OpenAI has received $110 billion in funding from Amazon, SoftBank and Nvidia, putting the technology company's pre-money valuation at $730 billion.
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Google Turns To Century-Long Debt To Build AI
Google-parent Alphabet will issue bonds maturing in 100 years as it continues to invest massively in infrastructure for artificial intelligence, according to data published Tuesday by Bloomberg.
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Amazon To Invest $200 Billion In AI After Washington Post Announces Layoffs
Amazon will spend $200 billion in 2026, over 50 per cent higher than last year, ramping up investment in artificial intelligence and robotics, the tech giant said.
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Amazon In Talks To Invest $50 Billion In OpenAI, Expand Ties
Amazon.com Inc. is in talks to invest as much as $50 billion in OpenAI and expand an agreement that involves selling computer power to the AI startup, according to a person with knowledge of the matter.
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Opinion | Why Big Tech Has Committed Almost $80 Billion To India In Two Months
India has attracted more than $80 billion in fresh tech pledges within weeks. And this is on top of India's already strong post-pandemic annual FDI inflow of more than $80 billion.
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Amazon Joins Google and Microsoft With a Massive $35 Billion Bet on India’s AI Growth
Amazon will invest more than $35 billion in India by 2030, focusing on AI adoption, exports and job creation. The company says the plan will help 15 million small businesses use AI tools, boost India’s ecommerce exports to $80 billion and support 3.8 million jobs. Amazon will also expand fulfilment and data centre infrastructure and offer AI educ...
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Amazon Doubles Down on AI Startup Anthropic With Another $4 Billion
Amazon has invested another $4 billion into Anthropic, as the firm plans to captialise on a boom in generative AI technology. The e-commerce giant has doubled its investment in the OpenAI competitor, known for its GenAI chatbot Claude, but it will remain a minority investor in the firm.
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Amazon Invests Additional $2.75 Billion in AI Startup Anthropic
Amazon is investing an additional $2.75 billion in AI startup Anthropic, bringing the former's total investment in the well-regarded AI builder to $4 billion. As part of the deal, Anthropic has also agreed to use Amazon Web Services data centers to power some of its operations, and to use Amazon's custom-built computer chips.
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US Antitrust Body Wants OpenAI, Microsoft, Amazon To Share Partnership Info
The U.S. Federal Trade Commission said on Thursday it had ordered OpenAI, Microsoft, Alphabet, Amazon and Anthropic to provide information on recent investments and partnerships involving generative AI companies and cloud service providers.
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US Regulator To Probe Microsoft, Google, Amazon's AI Investments
A US antitrust regulator said it was launching an inquiry Thursday into investments made by Microsoft, Google and Amazon into generative AI startups OpenAI and Anthropic.
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ChatGPT Maker OpenAI Gets $110 Billion Funding From Amazon, SoftBank, Nvidia
ChatGPT maker OpenAI has received $110 billion in funding from Amazon, SoftBank and Nvidia, putting the technology company's pre-money valuation at $730 billion.
-
Google Turns To Century-Long Debt To Build AI
Google-parent Alphabet will issue bonds maturing in 100 years as it continues to invest massively in infrastructure for artificial intelligence, according to data published Tuesday by Bloomberg.
-
Amazon To Invest $200 Billion In AI After Washington Post Announces Layoffs
Amazon will spend $200 billion in 2026, over 50 per cent higher than last year, ramping up investment in artificial intelligence and robotics, the tech giant said.
-
Amazon In Talks To Invest $50 Billion In OpenAI, Expand Ties
Amazon.com Inc. is in talks to invest as much as $50 billion in OpenAI and expand an agreement that involves selling computer power to the AI startup, according to a person with knowledge of the matter.
-
Opinion | Why Big Tech Has Committed Almost $80 Billion To India In Two Months
India has attracted more than $80 billion in fresh tech pledges within weeks. And this is on top of India's already strong post-pandemic annual FDI inflow of more than $80 billion.
-
Amazon Joins Google and Microsoft With a Massive $35 Billion Bet on India’s AI Growth
Amazon will invest more than $35 billion in India by 2030, focusing on AI adoption, exports and job creation. The company says the plan will help 15 million small businesses use AI tools, boost India’s ecommerce exports to $80 billion and support 3.8 million jobs. Amazon will also expand fulfilment and data centre infrastructure and offer AI educ...
-
Amazon Doubles Down on AI Startup Anthropic With Another $4 Billion
Amazon has invested another $4 billion into Anthropic, as the firm plans to captialise on a boom in generative AI technology. The e-commerce giant has doubled its investment in the OpenAI competitor, known for its GenAI chatbot Claude, but it will remain a minority investor in the firm.
-
Amazon Invests Additional $2.75 Billion in AI Startup Anthropic
Amazon is investing an additional $2.75 billion in AI startup Anthropic, bringing the former's total investment in the well-regarded AI builder to $4 billion. As part of the deal, Anthropic has also agreed to use Amazon Web Services data centers to power some of its operations, and to use Amazon's custom-built computer chips.
-
US Antitrust Body Wants OpenAI, Microsoft, Amazon To Share Partnership Info
The U.S. Federal Trade Commission said on Thursday it had ordered OpenAI, Microsoft, Alphabet, Amazon and Anthropic to provide information on recent investments and partnerships involving generative AI companies and cloud service providers.
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US Regulator To Probe Microsoft, Google, Amazon's AI Investments
A US antitrust regulator said it was launching an inquiry Thursday into investments made by Microsoft, Google and Amazon into generative AI startups OpenAI and Anthropic.
