Financial Times: Amazon in talks to invest over $10 billions in OpenAI, which could be valued at over $500 billions
According to TechFlow, on December 17, the Financial Times reported that Amazon is in talks to invest more than $10 billion in OpenAI. OpenAI will also use Amazon's Trainium series of artificial intelligence chips and rent additional data center capacity to run its models and tools. This is the latest investment agreement reached between Amazon and OpenAI and its infrastructure providers. Once the deal is completed, OpenAI's valuation could exceed $500 billion.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Tether launches decentralized password manager PearPass, eliminating cloud dependency
