Overview
- Amazon is negotiating an investment of up to $50 billion in OpenAI, with discussions led directly by Andy Jassy and Sam Altman, according to multiple reports.
- The potential Amazon stake would be a major part of OpenAI’s effort to raise as much as $100 billion at a reported valuation near $830 billion, though no terms are final.
- Nvidia’s previously floated plan to invest up to $100 billion has stalled, and CEO Jensen Huang said the company will still participate in the round but at a level “nothing like” $100 billion.
- OpenAI’s ties to Amazon already include a multi‑year $38 billion AWS compute agreement, even as Amazon continues to back rival Anthropic with billions and dedicated infrastructure.
- OpenAI is preparing for a possible late‑2026 initial public offering as it seeks vast capital to fund training and operating its next generation of AI systems.