Amazon(US:AMZN) Xin Lang Cai Jing·2025-12-17 02:40Core Insights - Amazon is negotiating to invest at least $10 billion in OpenAI, which would raise OpenAI's valuation to over $500 billion [1][3] - The investment will assist OpenAI in fulfilling its commitment to lease servers from cloud service providers, including Amazon Web Services (AWS) [1][3] - OpenAI plans to spend $38 billion over the next seven years on server rentals from AWS, making it one of at least five cloud service providers for OpenAI's AI development [1][3] - The deal may help Amazon find new customers for its Trainium AI server chips, which are currently competing with NVIDIA's AI chips used by OpenAI [1][3] - Amazon will not be able to sell OpenAI models to its cloud customers due to Microsoft's exclusive sales rights, which holds approximately 27% of OpenAI [1][3] - Amazon and OpenAI have discussed potential e-commerce collaboration, with OpenAI aiming to turn ChatGPT into a shopping hub and considering earning commissions by directing traffic to retailers [1][3] - It is unclear if the deal will involve collaboration on ChatGPT-related features or if Amazon is developing its own AI shopping functionalities [1][3] - OpenAI is also looking to sell an enterprise version of ChatGPT to Amazon [2][4] - Ongoing negotiations may lead to changes in specific terms, and Amazon's financing could facilitate a broader fundraising initiative for OpenAI involving more investors [2][4]