Amazon Stock (AMZN) News Today: OpenAI $10 Billion Talks Lift Shares as Analysts Refocus on AWS, Trainium, and 2026 Outlook
Amazon is in talks to invest about $10 billion in OpenAI, potentially valuing the ChatGPT-maker at over $500 billion, Reuters reported Wednesday. Amazon shares rose 1.4% in premarket trading to $225.68 after the news. OpenAI recently agreed to buy $38 billion in cloud services from Amazon and may use Amazon’s Trainium chips, according to Reuters.