Amazon in discussions to invest £7.5bn in OpenAI
Amazon is reportedly considering an investment of more than £7.5bn ($10bn) in OpenAI under the latest funding deal agreed by the ChatGPT developer.
If the deal is made, the market valuation of the startup could grow above $500bn (£375bn), The Information reported.
Amazon’s investment would help OpenAI finance its commitments to rent capacity from cloud computing businesses, which include Amazon.Related Story Tesco launches tie-up with Mistral AI18/12/2025 x 8:46 AMIn Nove
Read more »