OpenAI is in talks with Amazon for a $10 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 ...

The deal under discussion could value OpenAI north of $500 billion and see it adopt Amazon’s Trainium chip, a person with knowledge of the matter said, asking to remain anonymous to describe private negotiations. Talks, however, are at a preliminary stage and terms could change, the person added.A deal would mark a win for Amazon’s fledgling semiconductor division. While Nvidia dominates the market for the powerful chips required to create AI platforms, developers such as Meta Platforms Inc. are starting to ...

文章核心观点 - 人工智能领域可能正在形成一个投资泡沫，英伟达是该领域的代表性公司 [1] - 投资泡沫有五个不同阶段，人工智能目前处于第三阶段，即狂热期 [2][3][4] - 泡沫破裂时，即使基本面良好的公司也可能无法避免股价暴跌，英伟达很可能无法幸免 [7][8][11] - 人工智能相关股票在标普500指数中权重过高，其泡沫破裂可能引发广泛的熊市 [12] 投资泡沫阶段分析 - 泡沫第一阶段为置换期，新技术出现 [2] - 第二阶段为繁荣期，投资者涌入并推高相关股票价格 [2] - 第三阶段为狂热期，投资者做出非理性决策，例如Opendoor Technologies仅因新任CEO提及使用AI计划，股价即飙升，尽管公司并无实际改变 [3][4] - 第四阶段为泡沫顶峰，股价达到高点后投资者开始获利了结 [5] - 第五阶段为崩溃期，股价暴跌 [5] - 人工智能目前尚未进入第四和第五阶段 [6] 英伟达具体情况 - 公司是AI革命的核心，其高科技计算机芯片需求旺盛 [7] - 当前市值达49210亿美元，当日股价波动区间为202.08美元至207.97美元，52周区间为86.62美元至212.19美元 [7] - 目前市盈率低于其五年平均水平 [8] - 但在泡沫崩溃期，投资者将抛售所有AI相关资产，公司基本面可能无法使其免受冲击 [8][9] 历史案例与市场影响 - 思科系统在互联网泡沫破裂后，经过约25年股价仍未恢复峰值估值 [11] - 英伟达、苹果和微软三家公司合计占标普500指数权重的21%，科技板块占指数权重近35% [12] - 人工智能泡沫破裂不仅影响个股，很可能导致整个市场陷入熊市 [12]