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Amazon's $50 Billion OpenAI Investment Could Hinge on AGI
PYMNTS.com· 2026-02-26 18:00
Investment Overview - Amazon is proposing a $50 billion investment in OpenAI, with conditions tied to the company's potential public offering and achievement of artificial general intelligence (AGI) [2][3] - The initial investment from Amazon would be $15 billion, with the remaining funds contingent on OpenAI's progress towards AGI or its IPO [3] Funding Context - OpenAI is currently in a funding round that could exceed $100 billion, potentially valuing the company at $730 billion prior to this financing [3] - Other significant investors include Softbank and Nvidia, each planning to invest $30 billion in three installments [4] Microsoft’s Involvement - Microsoft, previously a major investor in OpenAI with approximately $13 billion invested for a 20% revenue share, may reduce its investment or not contribute at all in this funding round [4] Financial Needs - OpenAI has forecasted a need for $665 billion over the next five years to cover its compute costs, indicating substantial financial requirements for its operations [8]
Get Published With Us Celebrates #1 International Bestseller Status Across Multiple Amazon Categories with Unbreakable, Led by Co-Founders Divya Parekh and Lisa Marie Pepe
Globenewswire· 2026-02-26 16:50
Cary, NC, Feb. 26, 2026 (GLOBE NEWSWIRE) -- Get Published With Us, co-founded by Divya Parekh and Lisa Marie Pepe, announced today that its collaborative book, Unbreakable: Personal Stories of Growth and Transformation, has achieved #1 International Bestseller status on Amazon across multiple categories, including rankings in international markets such as Canada and Australia. The milestone reflects the company’s publishing model, which positions women leaders and entrepreneurs on global platforms through c ...
UK Court Clears Way for 200,000 Sellers to Sue Amazon
PYMNTS.com· 2026-02-26 16:08
A U.K. Court of Appeals ruled Thursday (Feb. 26) that two lawsuits alleging that Amazon abused its dominant position in the market can proceed, according to updates posted by the Competition Appeal Tribunal.By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions .Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS ...
GoodRx(GDRX) - 2025 Q4 - Earnings Call Transcript
2026-02-26 14:02
GoodRx (NasdaqGS:GDRX) Q4 2025 Earnings call February 26, 2026 08:00 AM ET Company ParticipantsAubrey Reynolds - Director of Investor RelationsCameron Harbilas - Equity Research AssociateChris McGinnis - CFOJohn Ransom - Managing DirectorLaura Jensen - Chief Commercial Officer and President of Pharma DirectLisa Gill - Managing DirectorSteven Valiquette - Managing DirectorWendy Barnes - CEOConference Call ParticipantsAllen Lutz - Senior Equity Research AnalystDaniel Grosslight - Senior Research AnalystGeorge ...
Will Regulating AI Cripple AI Stocks?
247Wallst· 2026-02-26 13:12
No matter how transformative AI is, the sector faces two main challenges to its growth in the US. ...
Hidden AI Costs? Big Tech Hyperscalers Hold $662 Billion In Off-Balance-Sheet Data Center Leases: Report - Amazon.com (NASDAQ:AMZN), Blackstone (NYSE:BX)
Benzinga· 2026-02-26 12:02
The race to build AI infrastructure has led to a significant financial overhang. These tech giants have entered into long-term data center lease commitments that have yet to commence and, therefore, are not classified as current liabilities. As a result, the obligations do not appear on their balance sheets under generally accepted accounting principles (GAAP), Fortune reported, citing a Moody's report released Monday.By 2025 end, the companies had accumulated $969 billion in total undiscounted future lease ...
Amazon refused permission to appeal go-ahead for UK lawsuits from retailers, consumers
Reuters· 2026-02-26 10:56
Amazon on Thursday lost its latest bid to try and throw out two mass lawsuits from retailers and consumers worth up to 4 billion pounds ($5.41 billion) for allegedly abusing its dominant position. ...
Department Of Energy Loans Record $26.5 Billion To Boost Southern Power Grid, Targets Massive Cost Savings - Amazon.com (NASDAQ:AMZN), Microsoft (NASDAQ:MSFT)
Benzinga· 2026-02-26 10:23
The U.S. Energy Department announced its largest-ever loan of $26.5 billion on Wednesday to bolster electric power in Georgia and Alabama, aiming to deliver over $7 billion in electricity cost savings. The department will allocate the loan to subsidiaries of the utility Southern Company. The loan will facilitate the establishment of new gas power, upgrades to existing nuclear power plants and water power, improvement of battery storage systems, and enhancement of power lines.Energy Secretary Chris Wright st ...
Costco's 2x P/E Over Amazon Is Not Irrational (Rating Upgrade)
Seeking Alpha· 2026-02-26 07:15
分组1 - The article discusses the performance of Costco (COST), which has grown by 1.11% since the last analysis, underperforming the market [1] - The author previously rated Costco a "sell" over a year ago, indicating a negative outlook on the stock's performance [1] - The article highlights the investment strategy of a family office fund led by Amrita, focusing on sustainable, growth-driven companies that maximize shareholder equity [1] 分组2 - Amrita has experience in high-growth supply-chain start-ups and has worked with venture capital firms, enhancing her expertise in investment portfolios [1] - The newsletter "The Pragmatic Optimist," co-founded by Amrita, emphasizes financial literacy and aims to simplify complex macroeconomic concepts for better understanding [1] - The newsletter has been recognized as a top finance newsletter, indicating its influence and reach within the investment community [1]
UK's Rolls-Royce annual profit soars 40%, upgrades outlook
Reuters· 2026-02-26 07:14
UK's Rolls-Royce lifts returns as profit soars | ReutersSkip to main content[Exclusive news, data and analytics for financial market professionalsLearn more aboutRefinitiv]A BR700-725 jet engine is seen at the assembly line of the Rolls-Royce Germany plant in Dahlewitz near Berlin, Germany, February 28, 2023. REUTERS/Nadja Wohlleben [Purchase Licensing Rights, opens new tab]LONDON, Feb 26 (Reuters) - Britain's Rolls-Royce [(RR.L), opens new tab] posted a 40% rise in annual profit after a strong performance ...