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Amazon Finishes $50bn OpenAI Deal, AWS Locks In $100bn Spend
The final tranche of a $50 billion equity commitment closes on Friday, alongside an eight-year agreement that routes OpenAI’s compute demand and 2 gigawatts of Trainium capacity through Amazon Web Services.
Core42 Secures $550 Million from HSBC to Accelerate AI Infrastructure Deployments Across the US and Europe
Core42, the UAE-headquartered G42 subsidiary has closed two structured facilities totalling $550 million, designed to accelerate cloud and compute deployments without diluting equity.