OpenAI is poised for a groundbreaking funding round, with Amazon reportedly allocating up to $50 billion for investment. This includes an initial $15 billion, with an additional $35 billion contingent upon OpenAI achieving an Artificial General Intelligence (AGI) milestone or initiating an IPO. Tech powerhouses Nvidia and SoftBank are also expected to invest $30 billion each, potentially valuing OpenAI at $1 trillion at IPO. Following a $4 billion investment in rival Anthropic, Amazon has shown its intent to dominate the AI sector by subsequently doubling its commitment. Furthermore, OpenAI is expanding into the music industry, developing its own AI-music model and collaborating with platforms like Spotify and Apple Music to enhance its ChatGPT service. This surge in investment underscores the competitive landscape of AI and the significant interest from major tech firms in shaping its future.
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