Amazon completed full investment in OpenAI totalling $50 billion

On 1 August, local time, on 31 July, the Amazon disclosed in the 10-Q quarterly newspaper that full investment in OpenAI totalling $50 billion had been completed. In the first quarter of this year, the Amazon invested $15 billion in the OpenAI C-phase priority shares and pledged to purchase an additional $35 billion. In the second quarter, US$ 13.7 billion of the firm ' s commitment was spent on the purchase of OpenAI C round priority shares. After the reporting period, the company invested the remaining $21.3 billion in a C-priority share in OpenAI. The Amazon indicated that if OpenAI completes the first public collection unit (IPO) or other liquidity events, then the C-rolled priority unit will be converted to a regular unit. The company is expected to be subject to the practice lock-down periodically after IPO and will remain subject to applicable securities law restrictions thereafter。