Amazon in talks to invest billions in OpenAI, source says

Core Insights - Big Tech companies are actively pursuing partnerships with OpenAI to gain a competitive advantage in the AI sector [1][5] - OpenAI is seeking to raise up to $100 billion in funding, which would value the company at approximately $830 billion [2][5] - Amazon is in discussions to invest up to $50 billion in OpenAI, potentially making it the largest contributor in this funding round [2][5] Investment Discussions - SoftBank Group Corp is considering an investment of up to $30 billion in OpenAI [2][5] - Nvidia is negotiating to invest up to $30 billion, while Microsoft is looking to invest less than $10 billion [3][4] - The total investment discussions among Nvidia, Amazon, and Microsoft could reach up to $60 billion [3][5] Financial Context - OpenAI is facing increasing costs associated with training and operating its AI models, particularly due to competition from Alphabet's Google [3][5] - OpenAI has recently signed a $10 billion computing deal with Cerebras, a competitor to Nvidia [4][5] - The company is preparing for an IPO that could value it at up to $1 trillion [4]