WASHINGTON, United States (US): US multinational technology company, Amazon, and artificial intelligence (AI) research firm, OpenAI, developer of the ChatGPT chatbot, announced a strategic partnership on Friday, reported German Press Agency (dpa).
The new collaboration aims to accelerate AI innovation for enterprises, startups and end consumers around the world with the development of a Stateful Runtime Environment powered by OpenAI’s models, the companies said.
Amazon will invest USD50 billion (RM211.5 billion) in OpenAI, starting with an initial USD15 billion (RM58. 4 billion) investment and followed by another USD35 billion (RM136.2 billion) in the coming months when certain conditions are met, according to the terms of the deal.
Amazon Web Services (AWS) will serve as the exclusive third-party cloud distribution provider for OpenAI Frontier, the companies said.
Together, both companies will develop customised models available to Amazon developers to power Amazon’s customer-facing applications, they said.
Amazon teams will be able to tailor OpenAI models for use across AI products and agents that serve customers directly, they said.
In the pre-market hours, Amazon was trading at USD207.48 (RM807. 37), down 0.25 pr cent on the Nasdaq. – BERNAMA-DPA
