Overview
- Amazon is in advanced talks to invest up to $50 billion in OpenAI, with negotiations led directly by Andy Jassy and Sam Altman, and the sum would likely make Amazon the round’s largest backer if finalized.
- The Wall Street Journal reported Nvidia’s up-to-$100 billion plan has stalled, and discussions have shifted to a smaller equity check, while Huang called reports of friction “nonsense” and confirmed Nvidia will participate.
- OpenAI is seeking as much as $100 billion at a valuation around $830 billion, with Microsoft, SoftBank and Middle Eastern sovereign wealth funds also engaged in discussions.
- An Amazon stake would build on a major AWS deal signed in November and sit alongside Amazon’s more than $8 billion investment in Anthropic and an $11 billion Indiana data center buildout.
- No binding agreements have been announced, and the size, mix and terms of investments remain under negotiation.