Filings: How Amazon’s $50B OpenAI deal actually works, and what they’re keeping secret

Amazon's $50 billion OpenAI investment made big headlines, but the SEC filings tell a more complicated story. Here's how the money flows, what triggers the payments, and what the companies are keeping ...

Amazon seeks to use in-house chips to develop AI models, exec says

“If we can build our models on our chips, we can build them at a fraction of the cost of a pure-play AI model provider,” Amazon’s new artificial intelligence czar, Peter DeSantis, told the news outlet ...

Head of Amazon’s AGI lab is leaving in latest exit from high-profile Adept startup deal

David Luan, who led Amazon's AGI Lab and its Nova Act AI agent initiative, is leaving less than two years after joining ...
CNBC

OpenAI models could help power Alexa as part of Amazon investment deal

OpenAI's AI models could help power Amazon's digital assistant Alexa and other internal projects, CNBC confirmed. The collaboration is being discussed as part of Amazon's ongoing talks to invest up to ...
Reuters

Power grid delays challenge Amazon's data center expansion in Europe

BRUSSELS, Feb 3 (Reuters) - Long delays to get power grid connections are challenging Amazon's (AMZN.O), opens new tab plans to expand data centers in Europe, the company told Reuters, as industries ...