Amazon.com Inc is reportedly in discussions to invest in OpenAI, the company behind ChatGPT, in a deal that could value the artificial intelligence firm at more than $500 billion, according to a source familiar with the matter.
The talks come as OpenAI prepares for a possible initial public offering, which could place the company’s valuation as high as $1 trillion. Amazon is said to be considering an investment of around $10 billion, though the discussions remain “very fluid,” the source added, speaking on condition of anonymity due to the private nature of the negotiations.
This potential partnership underscores OpenAI’s growing ability to collaborate with multiple major companies after transitioning from its original non-profit model and finalizing its agreement with Microsoft.
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