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Story summary
- Amazon.com Inc. is in discussions to invest at least $10 billion in OpenAI, potentially valuing the AI company at over $500 billion.
- The talks could lead OpenAI to adopt Amazon's Trainium chips, boosting Amazon's position against Nvidia and Google in the AI market.
- OpenAI's restructuring, including a 27% stake from Microsoft, has enabled broader partnerships as negotiations continue.
- OpenAI is also exploring an enterprise version of ChatGPT for Amazon.
