Amazon.com, Inc. (AMZN) is in Talks to Invest Up to $50 billion in OpenAI, Source Reports

Investment Opportunities - Amazon.com, Inc. (NASDAQ:AMZN) is in preliminary negotiations to invest up to $50 billion in OpenAI, potentially becoming the largest contributor to OpenAI's fundraising round [2] - OpenAI is seeking up to $100 billion in capital at an estimated valuation of $830 billion, preparing for a possible $1 trillion IPO [2] Corporate Developments - Amazon has confirmed 16,000 corporate job layoffs, fulfilling expectations for around 30,000 since October, representing over 10% of its workforce [3] - The layoffs are part of efforts to reduce bureaucracy and increase efficiency, affecting various sectors including AWS, Alexa, devices, advertising, and delivery operations [3] - Following the announcement of layoffs, Amazon's shares dropped by 2.1% [3] Market Position - Amazon is recognized as a leading online retailer and marketplace for third-party sellers, although some analysts suggest that certain AI stocks may offer greater upside potential with less downside risk [4]