Overview
- Multiple outlets report confidential, preliminary discussions that could exceed $10 billion, with terms still fluid and both companies declining to comment.
- The potential agreement would see OpenAI adopt AWS Trainium chips and could value the company at roughly $500 billion, according to reporting.
- The talks follow OpenAI’s October restructuring that broadened its ability to raise capital beyond Microsoft, signaling a possible shift in long‑term compute reliance.
- OpenAI recently agreed to buy $38 billion in AWS capacity and has logged more than $1.4 trillion in infrastructure commitments after a $6.6 billion secondary sale at a $500 billion valuation.
- Analysts warn the arrangement resembles circular financing that routes investment back through cloud and chip purchases, even as Amazon seeks validation for its silicon and AI footprint.