OpenAI and Amazon in talks for $10 billion funding deal

OpenAI is in talks with Amazon for a 10billioninvestmentfromtheecommercegiant,accordingtoanewreport,inadealthatcouldalsolettheChatGPTmakeruseAmazonsAIchips.Reuters,citinganunnamedsourcefamiliarwiththematter,reportsthatthefundingdealisnotyetfinalizedanddiscussionsremainfluid,butthatitwouldvalueOpenAIatabout10 billion investment from the e-commerce giant, according to a new report, in a deal that could also let the ChatGPT maker use Amazon's AI chips. Reuters, citing an unnamed source familiar with the matter, reports that the funding deal is not yet finalized and discussions remain fluid, but that it would value OpenAI at about 500 billion. OpenAI completed a restructuring in October that was designed to give it more freedom to pursue deals like this to raise capital ...