OpenAI Seeks $10B Amazon Investment
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OpenAI is eyeing a massive $10 billion boost from Amazon. This deal, if secured,
would see OpenAI tapping into Amazon's AI chip expertise, potentially shooting its valuation to
a staggering $500 billion. Fresh off an October realignment, OpenAI is aggressively
sealing major financial partnerships, including a $1 billion influx from Disney and a hefty capacity
buy from Amazon Web Services. As these deals pile up, there's a buzz about
an AI investment bubble, especially after Oracle's recent financial stumble
over costly AI expenditures without matching gains. Keep watching as the AI landscape
twists and turns with every major investment move.
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