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

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OpenAI seeking to strike latest deal in its efforts to pay for huge spending on datacentres

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Amazon 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.

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…

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