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Amazon.com Inc is reportedly in discussions to make a major investment in OpenAI, the creator of ChatGPT, in a potential deal that could value the artificial intelligence company at more than $500 billion, according to a source familiar with the matter. The talks, first reported by The Information and later confirmed by Reuters, highlight the growing competition among Big Tech companies to secure strategic positions in the rapidly expanding AI sector.
Sources indicate that Amazon may invest around $10 billion in OpenAI, though negotiations remain fluid and subject to change. The discussions come as OpenAI lays the groundwork for a possible initial public offering that could value the company at up to $1 trillion, reflecting surging investor interest in generative AI technologies and enterprise AI solutions.
The potential Amazon investment underscores OpenAI’s evolving business model following its transition away from its original non-profit structure. OpenAI is now a public benefit corporation controlled by a non-profit entity that retains a stake in its financial success. This restructuring, finalized through its agreement with Microsoft, removed previous limitations on capital raising and access to large-scale computing infrastructure.
Microsoft currently owns a 27% stake in OpenAI and holds exclusive rights to sell OpenAI models to its cloud customers via Azure. Despite this close partnership, OpenAI has demonstrated its ability to collaborate more broadly, signaling a strategic shift toward diversified funding and infrastructure partnerships.
According to reports, OpenAI plans to use Amazon’s Trainium AI chips, which compete directly with offerings from Nvidia and Google. This could strengthen Amazon Web Services’ position in the AI hardware market while giving OpenAI additional computing flexibility. OpenAI is also reportedly exploring the sale of an enterprise version of ChatGPT to Amazon, though it remains unclear whether this would include deeper integration into Amazon’s AI-powered shopping and application features.
Neither OpenAI nor Microsoft has commented publicly on the reported talks. If finalized, Amazon’s financing could pave the way for a larger fundraising round involving additional investors, further solidifying OpenAI’s position as one of the world’s most valuable and influential artificial intelligence companies.
