Amazon is considering a $10 billion investment in OpenAI
The agreement that Amazon and OpenAI are reportedly working on would include the use of Trainium chips by the AI startup.
Although its leadership in the AI industry has been challenged since Google launched the all-powerful Gemini 3 last month, OpenAI remains attractive to investors. Proof of this is that Amazon is reportedly considering investing in ChatGPT’s parent company, which could ultimately lead to a significant shift in the balance of power among companies currently operating in the AI sector.
According to Reuters, the e-commerce giant is currently in talks with OpenAI to consider a potential investment in the company led by Sam Altman.
Amazon is reportedly considering an investment of around $10 billion in OpenAI, although the discussions between the two companies are still in a very early stage and are therefore subject to change.
The agreement that Amazon and OpenAI are reportedly working on would also include the use of the US multinational’s Trainium chips by the AI startup. These chips directly rival those from Nvidia and Google in the AI arena.
Amazon’s investment would further boost OpenAI’s valuation.
If the talks between Amazon and OpenAI are successful, the valuation of the company behind ChatGPT could increase considerably. Just a few months ago, in October, the company reached a valuation of around $500 billion.
This isn’t the first time OpenAI and Amazon have collaborated; just a few weeks ago, the two companies announced an alliance in another area. Under that alliance, Amazon Web Services (AWS) will provide OpenAI with its powerful EC2 UltraServers so the company can train and run its AI models.
If Amazon ultimately invests $10 billion in OpenAI, the latter could gain greater independence from Microsoft, which was one of the first companies to provide financial support to the startup.
OpenAI is not, however, the only AI company that Amazon has its eye on, as the e-commerce company already invested approximately $8 billion in Anthropic.
Source: www.marketingdirecto.com
