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Amazon.com in talks to invest $50B in OpenAI, WSJ reports

Amazon.com (AMZN) is in discussions to invest up to $50B in OpenAI, The Wall Street Journal’s Jessica Toonkel, Dana Mattioli, and Kate Clark report, citing people familiar with the matter. CEO Andy Jassy is leading the negotiations with OpenAI CEO Sam Altman, according to people familiar with discussions. The $50B investment would make Amazon the biggest contributor to the AI company’s ongoing fundraising round, the report states.

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