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Fintech– 10
Amazon Smartphone Plans, OpenAI Funding Talks
Finance Yahoo·
Amazon is reportedly exploring a comeback in the smartphone market with a new internal project codenamed 'Transformer,' over a decade after the Fire Phone's failure. Meanwhile, OpenAI is seeking to raise capital by forming joint ventures with private equity firms, offering a guaranteed minimum return of 17.5% and early access to its AI models. This strategy aims to fund enterprise AI product development and compete with rivals like Anthropic.
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ai
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fintech
Original Source
Finance Yahoo — finance.yahoo.com