Amazon negotiates investing 50 billion in OpenAI. The money would come in through the front door to go out through the back.
Amazon is reportedly in advanced negotiations to invest up to $50 billion in OpenAI, a move that would significantly bolster the AI research lab's valuation. This potential investment, revealed by The Wall Street Journal and confirmed by CNBC, would make Amazon the largest investor in OpenAI's current funding round, which aims to raise a record $100 billion. Such a substantial financial commitment underscores the escalating race for dominance in the artificial intelligence sector. The scale of the proposed investment is immense, aiming to lift OpenAI's valuation to an unprecedented $830 billion, surpassing that of most publicly traded companies worldwide. This figure is particularly striking given OpenAI's recent valuation of half a trillion dollars just two months prior. The investment from Amazon, if finalized within weeks, would highlight the volatile yet highly lucrative nature of the current AI landscape. Interestingly, this potential investment in OpenAI comes alongside Amazon's existing significant partnership with Anthropic, a direct competitor. Amazon Web Services (AWS) serves as Anthropic's primary cloud provider, and the tech giant has even inaugurated a dedicated $11 billion data center campus for Anthropic. This dual strategy positions Amazon as a key infrastructure provider in the AI gold rush, profiting regardless of which AI company achieves superior breakthroughs. Other major tech players like NVIDIA and Microsoft are also reportedly in discussions to invest billions more in OpenAI.
Curated and translated by Europe Digital for our multilingual European audience.
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