Amazon is reportedly in discussions to invest up to $50 billion in the artificial intelligence leader, OpenAI, signaling its accelerating commitment to the capital-intensive generative AI market.
- The massive potential investment highlights the ongoing Big Tech race for AI infrastructure and capabilities.
- The report detailing the discussions was published by The Wall Street Journal.
- Following the news, AMZN stock moved slightly higher, trading above $241 late on January 29.