AMZN · 10-Q · 2026Q3 · Full report

Strategic Investment Commitments

AMAZON COM INC · 2026-10-30 · Importance 58 · Surprise 42 · Matches filing data

Amazon invested $50.0 billion in OpenAI Series C preferred stock during the first nine months of 2026, including $21.3 billion in Q3. It also invested $10.0 billion in Anthropic nonvoting preferred stock during the nine months ended September 30, 2026. Cash payments, net of acquired cash, for acquisition and other investment activity totaled $24.0 billion in Q3 2026 and $63.8 billion for the first nine months, compared with $786 million and $2.4 billion in the corresponding 2025 periods. These investment outlays contributed to investing cash outflow of $113.6 billion in Q3 and $257.1 billion year to date in 2026.

Key facts

Impact estimates

metricdirectionstageexpectedbasis
assetspositiverealized+4.8%Amazon invested $50.0 billion in OpenAI’s Series C Preferred Stock during the nine months ended September 30, 2026, including $21.3…