Amazon to invest $50 billion in OpenAI
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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.
Amazon to invest $12B in Louisiana data centers to boost AWS cloud and AI amid hyperscaler race for dominance.
Long-term investors have plenty to think about when it comes to this stock, including valuation and growth prospects.