💨 Abstract
Amazon is in talks to invest up to $10 billion in OpenAI, potentially valuing the AI lab at over $500 billion. This move follows Amazon's previous investments in AI, including an $8 billion partnership with Anthropic and the development of its Trainium AI chips. The deal would be part of a trend where major tech companies invest in AI startups, which in turn use their hardware and cloud services.
Courtesy: Ivan Mehta
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