Amazon (AMZN) Stock: E-Commerce Giant Pursues $50 Billion OpenAI Deal

TLDR Amazon is in early discussions to invest as much as $50 billion in ChatGPT creator OpenAI, according to sources familiar with the matter. CEO Andy Jassy is personally negotiating with Sam Altman, potentially making Amazon the largest investor in OpenAI’s $100 billion funding round. The investment could require OpenAI to shift toward Amazon Web [...]

The post Amazon (AMZN) Stock: E-Commerce Giant Pursues $50 Billion OpenAI Deal appeared first on Blockonomi.