Back    Zoom +    Zoom -
Amazon Negotiating to Invest Min. USD10B in OpenAI: Wire
Recommend
2
Positive
2
Negative
1
Amazon (AMZN.US) is negotiating to invest in OpenAI, with the investment potentially reaching at least USD10 billion, pushing OpenAI's valuation past USD500 billion, Bloomberg reported, citing sources.

It is understood that the negotiations are still in the preliminary stages, and OpenAI may also adopt Amazon's Trainium chips besides the capital injection.

Related NewsInitial Jobless Claims for Dec/06 in United States is 236K, higher than the previous value of 192K. The forecast was 220K.

AAStocks Financial News