Amazon.com Watchlist

tz-plus logo Amazon on the Verge of Mega-Deal with OpenAI: $100 Billion Round Could Reorder AI Race

D. Bußmann
Reading Time: 3 minutes

The race for dominance in artificial intelligence is reaching a new peak. Reports of a gigantic funding round for OpenAI are causing a stir on Wall Street. At the center of the speculation is Amazon, which may change its previous strategy and enter the ChatGPT developer with a record sum. OpenAI's capital needs are reaching new dimensions to cover soaring costs for data centers and chip development. According to reports from the Wall Street Journal (WSJ) and the U.S. tech news service The Information on Thursday evening, citing sources familiar...

Read this article now with a free account.

Your benefits:

  • Every month, you can read 5 articles from the premium section for free.
  • Monthly 2 trial issues of the Trader newspaper for free.
  • Create a personal watchlist with an overview of news about your stock.
Trader Times
Free account
Here we go!
Image 1Image 2Image 3

Already registered? Log In