Amazon AMZNAgreement
Amazon commits $35.0 billion more to OpenAI, part of a $50 billion investment
Filed Feb 27, 2026Original
An 8-K is the report a US listed company files within four business days of a material event.
What the company reported
- On February 27, 2026, Amazon agreed to purchase $35.0 billion of OpenAI Series C Preferred Stock under an equity commitment letter.
- This is separate from the $15.0 billion Amazon is obligated to invest on March 31, 2026; the press release cites $50 billion in total.
- Remaining shares must be bought when OpenAI meets specified milestones or completes a U.S. public listing.
- The companies also set a commercial arrangement for AWS cloud services to OpenAI and a joint collaboration on OpenAI models.
Items reported
- 1.01 Material agreement
- 7.01 Investor presentation
- 8.01 Other events
- 9.01 Exhibits
The company's own filing, put into Korean. The numbers are the filing's.