A massive investment deal between Amazon and OpenAI worth as much as $50 billion may be tied to specific business achievements, according to a Wednesday report from The Information.
Sources with knowledge of the situation told the publication that Amazon’s willingness to provide the substantial funding could be contingent on OpenAI either launching an initial public offering or successfully developing artificial general intelligence.
The potential investment represents one of the largest funding commitments in the artificial intelligence sector as tech giants compete to secure partnerships with leading AI developers.
Reuters was unable to independently confirm the details of the reported investment structure.
