Amazon Set to Waste $10 Billion on OpenAI
Amazon reportedly plans to invest $10 billion into OpenAI, a firm swarmed by competition. Clearly, Amazon is trying to buy its way into the AI market.
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Amazon reportedly plans to invest $10 billion into OpenAI, a firm swarmed by competition. Clearly, Amazon is trying to buy its way into the AI market.
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The stock market was mixed, but the S&P 500 held its 50-day line. Tesla hit a high while Palantir is near a buy point.
Amazon is in talks to invest at least $10 billion in OpenAI, which would use the e-commerce giant's in-house AI chips.
The discussions could deepen ties between the companies as OpenAI explores future funding options.
The latest investor updates on stocks that are trending on Wednesday.
Amazon shares gain as OpenAI in talks over at least $10 bln funding - report
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Amazon in talks to invest about $10 billion in OpenAI, source says