Amazon Eyes a Big Investment in OpenAI. Is This the Latest Sign of an AI Bubble?

Key Takeaways Amazon is reportedly in talks with OpenAI about investing $10 billion or more in the ChatGPT maker. The deal is also expected to see OpenAI use Amazon AI chips.Earlier this year, OpenAI agreed to buy $38 billion in cloud computing capacity from Amazon Web Services over the next several years. Amazon (AMZN) could be set to unveil an investment of $10 billion or more in ChatGPT maker OpenAI. The companies are in talks for a deal that would see OpenAI buy some of Amazon's custom AI chips, an ...