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Add as a preferred source on GoogleAmazon to Invest Remaining $21.3 Billion in OpenAI Series C Preferred Shares
The planned investment is directed to OpenAI’s Series C preferred shares, with the third quarter named as the timing.
Amazon announced it would direct the remaining $21.3 billion of its investment commitment to OpenAI’s Series C preferred shares during the third quarter. The amount is described as the balance of Amazon’s commitment, and the planned investment targets a specific class of OpenAI shares.
The planned allocation would direct a substantial sum to OpenAI’s preferred-share financing.
John Kim
John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.