OpenAI in talks to raise US$10 billion from Amazon and adopt Trainium chips

Source: Tech – South China Morning PostOpenAI is in initial discussions to raise at least US$10 billion from Amazon.com and use its chips, a potential win for the online retailer’s effort to broaden its AI industry presence and compete with Nvidia.
The deal under discussion could value OpenAI north of US$500 billion and see it adopt Amazon’s Trainium chip, a person with knowledge of the matter said, asking to remain anonymous to describe private negotiations. Talks, however, are at a preliminary stage and terms could change, the…Read More

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