Group 1 - Amazon.com Inc. is negotiating to invest up to $50 billion in OpenAI and expand their existing agreement for selling computing power to the AI startup [1][2] - If successful, Amazon's investment could represent half of a new funding round totaling up to $100 billion, with other potential contributors including Nvidia Corp. and SoftBank Group Corp. [2] - OpenAI's CEO Sam Altman is actively seeking investments from major tech companies and sovereign wealth funds due to the high costs associated with building AI tools [3] Group 2 - An investment of this magnitude would strengthen the relationship between Amazon and OpenAI, which has historically supported OpenAI's competitor, Anthropic [4] - OpenAI is reportedly preparing for an initial public offering (IPO) in Q4 2026, amid concerns that Anthropic may go public first [5] - OpenAI is also in discussions to raise additional funds from existing backer SoftBank, potentially amounting to $30 billion, and is exploring partnerships with investors in the Middle East that could value the company at up to $830 billion [6]
Amazon’s $50 billion OpenAI investment ignites debate on tech future