Amazon Discussing $50 Billion Investment In OpenAI, Report Says
['Antonio Pequeño Iv']
Forbes - Business
Topline Amazon is in talks with OpenAI to potentially invest $50 billion into the artificial intelligence startup, according to The Wall Street Journal, potentially valuing the company as high as $830 billion.
OpenAI is nearly a year removed from its latest funding round, a SoftBank-led Series F where it raised $40 billion at a $300 billion valuation.
Key BackgroundPrior to its cloud computing deal with OpenAI, Amazon made multibillion dollar investments in OpenAI rival Anthropic.
Amazon has also invested $50 billion into AI infrastructure for U.S. government agencies and committed to making a $20 billion AI campus in Pennsylvania.
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