OpenAI in Talks With Amazon About Investment That Could Exceed $10 Billion

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OpenAI is in discussions with Amazon about a potential investment and an agreement to use its AI chips, CNBC confirmed on Tuesday. From the report: The details are fluid and still subject to change but the investment could exceed $10 billion, according to a person familiar with the matter who asked not to be named because the talks are confidential. The discussions come after OpenAI completed a restructuring in October and formally outlined the details of its partnership…



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OpenAI in Talks With Amazon About Investment That Could Exceed $10 Billion


OpenAI is in discussions with Amazon about a potential investment and an agreement to use its AI chips, CNBC confirmed on Tuesday. From the report: The details are fluid and still subject to change but the investment could exceed $10 billion, according to a person familiar with the matter who asked not to be named because the talks are confidential. The discussions come after OpenAI completed a restructuring in October and formally outlined the details of its partnership…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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