According to three people familiar with the matter, Amazon is in talks to invest at least $10 billion in OpenAI. One of the sources said the deal would see OpenAI's valuation surpass $500 billion. Amazon's investment will help OpenAI meet its promises to rent servers to cloud service providers, including Amazon Web Services. OpenAI announced last month that it will invest 38 billion US dollars to rent servers from AWS over the next seven years, making AWS one of at least five cloud service providers that OpenAI uses to develop artificial intelligence. The deal may also help Amazon find new customers for its Trainium AI server chip, which is currently competing with Nvidia's AI chips, which are mainly used by OpenAI. Two people familiar with the matter said that as part of the negotiations, OpenAI plans to use Trainium chips. However, Amazon will not be able to sell the OpenAI model to its cloud customers because Microsoft, which owns about 27% of OpenAI, has obtained exclusive sales rights.

According to three people familiar with the matter, Amazon is in talks to invest at least $10 billion in OpenAI. One of the sources said the deal would see OpenAI's valuation surpass $500 billion. Amazon's investment will help OpenAI meet its promises to rent servers to cloud service providers, including Amazon Web Services. OpenAI announced last month that it will invest 38 billion US dollars to rent servers from AWS over the next seven years, making AWS one of at least five cloud service providers that OpenAI uses to develop artificial intelligence. The deal may also help Amazon find new customers for its Trainium AI server chip, which is currently competing with Nvidia's AI chips, which are mainly used by OpenAI. Two people familiar with the matter said that as part of the negotiations, OpenAI plans to use Trainium chips. However, Amazon will not be able to sell the OpenAI model to its cloud customers because Microsoft, which owns about 27% of OpenAI, has obtained exclusive sales rights.