Amazon in talks to invest $10bn in developer of ChatGPT

OpenAI seeking to strike latest deal in its efforts to pay for huge spending on datacentresBusiness live – latest updatesAmazon is in talks to invest more than $10bn (£7.5bn) in OpenAI, in the latest funding deal being struck by the startup behind ChatGPT.If it goes ahead, the market valuation of OpenAI could rise above $500bn, according to The Information, a tech news site that revealed the negotiations. Continue reading...