Amazon is reportedly in talks to invest up to $500 million in OpenAI.
According to informed sources, Amazon is in talks to invest up to $5 billion in OpenAI, a hot artificial intelligence startup. Earlier reports from the media had stated that ChatGPT's research company is seeking to raise up to $10 billion in new funding from investors, which could potentially give it a valuation of up to $83 billion. Some sources have indicated that Amazon's CEO, Andy Jassy, is leading negotiations with OpenAI's CEO, Sam Altman. It is also noted that even if a deal is eventually reached between the two parties, specific terms of cooperation may still be subject to adjustments.
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