Amazon shares in focus, OpenAI in talks for major partnership with retailer

OpenAI, the creator of ChatGPT, is reportedly in early talks with Amazon.com Inc. for a massive funding and technology partnership. The potential deal is centered around Amazon investing at least $10 billion in OpenAI and OpenAI agreeing to adopt Amazon’s in-house AI chips, known as Trainium, as reported by Bloomberg.

This strategic move would significantly broaden Amazon’s footprint in the competitive artificial intelligence sector, positioning it to challenge the market dominance of current chip leader Nvidia Corp.