Amazon in talks to invest about $10 billion in OpenAI: Report

Premarket Movers: Amazon is Gaining Momentum

Quick Read Amazon is surging on news that OpenAI is in talks with the e-commerce giant about an investment that could exceed $10 billion. After gapping lower on AI data center spending fears, Oracle appears to have caught strong support at $188.65. Micron, which is expected to post earnings after the bell tonight, received a buy rating from analysts at Needham. If you’re focused on picking the right stocks and ETFs you may be missing the big…

Amazon In Talks To Invest $10 Billion In OpenAI, Report Says

Amazon is in early talks to invest up to $10 billion in OpenAI, a move that could significantly reshape the artificial intelligence landscape, CNBC reported. The proposed deal would reportedly involve OpenAI using Amazon’s AI chips and cloud infrastructure. If finalized, the investment would value OpenAI at more than $500 billion, according to Bloomberg. The talks reflect Amazon’s push to diversify its AI strategy as competition intensifies amon…

OpenAI and Amazon are closing in on a $10 billion funding deal

OpenAI has made more than $1.4 trillion of infrastructure commitments in recent months, including with chipmakers Nvidia, AMD, and and Broadcom

Amazon in talks to invest upwards of $10 billion in OpenAI at a valuation of more than $500 billion, per reports

The two sides are also discussing having OpenAI use Amazon’s Trainium chips, and other potential collaborations in e-commerce as a part of a deal, per reports.

Amazon reportedly in talks to invest $10B in OpenAI as circular deals stay popular

Amazon is in early discussions to invest as much as $10 billion in OpenAI in a deal that would see the AI lab using the e-commerce giant's AI chips.

Amazon in talks to invest about $10 billion in OpenAI, source says

Amazon.com Inc is in talks to invest in ChatGPT-maker OpenAI in a potential deal that could value the artificial intelligence firm at more than $500 billion, a source familiar with the matter said on Tuesday.