Digest: Amazon in Talks to Invest $10bn+ in OpenAI; Trump Admin Threatens Spotify Over EU Tech Rules
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Digest: Amazon in Talks to Invest $10bn+ in OpenAI; Trump Admin Threatens Spotify Over EU Tech Rules
"Amazon is reportedly in advanced talks to invest more than $10bn (£7.5bn) in OpenAI. If the talks succeed, OpenAI's market valuation could climb beyond USD$500bn (£370bn), according to The Information The move would mark a significant deepening of ties between the two companies, as Amazon seeks to position itself at the heart of the AI infrastructure race. The company has appointed former UK chancellor George Osborne to lead its international government engagement strategy,"
"The Office of the US Trade Representative (USTR) has accused the European Union of pursuing a sustained campaign of discriminatory and harassing measures against American service providers, escalating tensions over digital regulation. The agency pointed to the recent €140m (£123.2m) fine imposed on X under the EU's Digital Services Act as the latest example of what it views as disproportionate enforcement."
Amazon is in advanced talks to invest more than $10bn in OpenAI, which could push OpenAI's valuation past $500bn and deepen ties as Amazon positions itself in the AI infrastructure race. OpenAI has appointed former UK chancellor George Osborne to lead international government engagement through OpenAI for Countries, partnering with governments on AI deployment across infrastructure, education, and workforce training. The USTR accused the EU of a sustained campaign of discriminatory and harassing measures against American service providers and cited a €140m fine on X under the Digital Services Act. An IAB report highlights how digital ads shape today’s media.
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