Amazon Reportedly Eyes $50 Billion OpenAI Stake

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Amazon is in talks with OpenAI to potentially invest $50 billion into the artificial intelligence startup, according to The Wall Street Journal, potentially valuing the company as high as $830 billion.

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Amazon CEO Andy Jassy is spearheading discussions with OpenAI CEO Sam Altman, the Journal reported, adding a $50 billion investment could make Amazon the largest contributor to OpenAI’s ongoing fundraising round.

This is a developing story. Check back for updates.

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