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Amazon Considers $50 Billion Investment in OpenAI

Amazon is ⁤in talks to⁣ invest as much as $50 billion in OpenAI, the creator of⁤ ChatGPT, according to multiple reports. The deal could also involve OpenAI utilizing Amazon’s computing power, Bloomberg News reported. In return, ⁤the online retail giant would gain access to OpenAI’s artificial intelligence models.

The Wall⁤ Street Journal reports⁢ OpenAI ⁤is currently valued at $830 billion ⁣in its ​latest funding round.⁢ If ⁢Amazon commits⁤ to the full $50 billion investment, it would contribute roughly half​ of the $100 ⁣billion being⁤ sought. Amazon is also⁤ a important investor in Anthropic, a competitor to OpenAI that markets an option to ChatGPT called Claude.

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