Amazon CEO Andy Jassy does for Sam Altman what Nvidia CEO Jensen Huang is having second thoughts on
Amazon has announced that it will invest $50 billion in ChatGPT maker OpenAI. With this investment, the e-commerce major is deepening its partnership with the Sam Altman-led artificial intelligence (AI) company, as Nvidia has reconsidered its own funding strategy. Amazon’s move contrasts with Nvidia’s shift from a previously proposed up to $100 billion infrastructure investment in OpenAI, which has turned into a smaller $30 billion in its latest funding round for the ChatGPT maker, signalling differing approaches among tech giants toward backing the AI company. As part of its latest $110 billion funding round, alongside Amazon’s $50 billion investment and Nvidia’s $30 billion, OpenAI has also secured another $30 billion from Japanese giant SoftBank.
