The Information

OpenAI in Talks to Raise At Least $10 Billion From Amazon and Use Its AI Chips

Amazon is in talks to invest $10 billion or more in OpenAI, according to three people familiar with the discussions. The valuation would be higher than $500 billion, one of the people said. The Amazon investment would help OpenAI afford some of the commitments it has made to rent servers from

Experts say Amazon is playing the long game with its potential $10 billion OpenAI deal: 'ChatGPT is still seen as the Kleenex of AI'

Fitzgerald points out that OpenAI does not have the cash to honor the $38 billion cloud-spending commitment it announced with Amazon earlier this year — let alone a “fraction of a percentage” to the more than $1 trillion in aggregate spending commitments it has floated across cloud providers, chipmakers and infrastructure partners.

Breakfast News: OpenAI Seeks $10B From AMZN

OpenAI is in talks with Amazon ( AMZN +0.20%) aimed at raising an investment of at least $10 billion, first reported by The Information. Microsoft ( MSFT +0.33%) has invested over $13 billion in the AI pioneer since 2019, though after a recent restructuring OpenAI is free to pursue new partners.
News.az

Amazon enters OpenAI race, challenging Google and Microsoft’s AI grip

As reported by News.Az, citing Reuters, Amazon is considering an investment of around $10 billion, although the talks remain at an early and fluid
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