PANews reported on December 17th that, according to the Financial Times, Amazon is in talks with OpenAI for a more than $10 billion investment deal, which couldPANews reported on December 17th that, according to the Financial Times, Amazon is in talks with OpenAI for a more than $10 billion investment deal, which could
Amazon plans to invest over $10 billion in OpenAI, pushing its valuation to over $500 billion.
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PANews reported on December 17th that, according to the Financial Times, Amazon is in talks with OpenAI for a more than $10 billion investment deal, which could include the use of Amazon's Trainium AI chips and its data center services, further boosting OpenAI's valuation to over $500 billion. This deal builds on a previous seven-year, $38 billion server lease agreement between OpenAI and Amazon, highlighting its trend of seeking cloud service diversification following its restructuring relationship with Microsoft. Negotiations are currently in the early stages.
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