Amazon Eyes $10 Billion Investment in OpenAI, Valuing AI Giant at $500B+

• Amazon.com Inc is in discussions to invest approximately $10 billion in OpenAI, the creator of ChatGPT.
• The potential deal could value OpenAI at over $500 billion, with talks for an IPO possibly reaching $1 trillion.
• OpenAI plans to utilize Amazon’s Trainium chips, competing with Nvidia and Google processors.
• Microsoft currently holds a 27% stake in OpenAI and exclusive rights to sell its models to cloud customers.
• Discussions are fluid, and Amazon's investment could lead to broader fundraising and potential integration of ChatGPT features into Amazon's services.

Why It Matters: Amazon explores a massive $10 billion investment in OpenAI, signaling a major AI partnership.