Amazon Stock Is Rising on OpenAI Funding Talks. What It Means for AI Chips
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Amazon shares rose 1% after reports of OpenAI in talks to raise $10 billion from Amazon. The deal could value OpenAI at over $500 billion and involve using Amazon's Trainium AI chips, reducing reliance on Nvidia. This would strengthen OpenAI's relationship with AWS and boost Amazon's semiconductor efforts. Talks began in October 2025 after OpenAI's restructuring.
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