Amazon reportedly in talks to fund OpenAI with $50 billion
According to the Wall Street Journal, Amazon may invest $50 billion in OpenAI. If this happens, it would be one of the biggest investments in AI by a single company in history. Amazon would be a major donor to OpenAI’s $100 billion fundraising campaign if the deal goes through.
This arrangement could make the AI startup worth $830 billion. OpenAI CEO Sam Altman and Amazon CEO Andy Jassy are leading the talks. Reports indicate that a term sheet could be available within a few weeks.
According to the Wall Street Journal, Amazon is reportedly in talks to invest $50 billion in OpenAI, which could make the AI startup worth $830 billion. This investment would be one of the largest single investments in AI by a company in history and would make Amazon the biggest investor in the current funding round. The deal could also enhance the existing partnership between AWS and OpenAI, providing advanced computing resources to the AI startup. This strategic move by Amazon highlights its commitment to staying at the forefront of the cloud infrastructure market, especially as AI workloads increase the demand for data centers.
0 Comments