New Delhi, Jan. 30 -- Amazon.com could be set to make a huge investment in ChatGPT-developer OpenAI. It's a move that would have big ramifications across the cloud-computing and semiconductor sectors.
Amazon is in talks to invest up to $50 billion in OpenAI, as part of an overall fund-raising round to raise up to $100 billion, The Wall Street Journal reported late Thursday. Amazon and OpenAI didn't immediately respond to requests for comment from Barron's early on Friday.
Such a large investment would be a major vote of confidence in OpenAI and would likely boost a host of stocks dependent on its spending, including cloud-computing providers Oracle and CoreWeave. OpenAI is projected to spend nearly $500 billion over the next four years ...
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