Amazon is reportedly in talks to invest $50 billion in OpenAI


OpenAI, a company indeed With a value of 500 billion dollarshe made it known that he was being sought Another $100 billion In investment. This funding round could take the company’s valuation to a whopping $830 billion. The Wall Street Journal Now Preparing reports Amazon may contribute at least $50 billion of this record investment.

Not much is known about the potential deal, although the newspaper notes that Amazon CEO Andy Jassy is currently leading negotiations with OpenAI CEO Sam Altman. TechCrunch has reached out to Amazon and OpenAI for comment.

In seeking additional funding, OpenAI is also reportedly in discussions with Middle Eastern sovereign wealth funds and the New York Times. He wrote The startup has held additional talks with Nvidia, Microsoft, and SoftBank. The financing deal is It is expected to close By the end of Q1.

Such a partnership between Amazon and OpenAI would be particularly interesting because of Amazon’s close ties with OpenAI competitor Anthropic. Amazon’s AWS is Cloud core and training provider For Anthropic, the company has At least $8 billion has been invested in Anthropic. Amazon also recently opened a site $11 billion data center campus In Indiana, it is designed to operate exclusively humane models.

Leave a Reply

Your email address will not be published. Required fields are marked *