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Amazon.com seems to be the next in line for a new multibillion-dollar deal with OpenAI. Could this be a turning point for the worst-performing “Magnificent Seven” stock this year, or will investors come to further fear an
artificial-intelligence bubble?
OpenAI is in talks to raise $10 billion or more from Amazon AMZN and use its Trainium chips, according to a report late Tuesday by The Information. The two companies are also in talks regarding collaboration in e-commerce. CNBC also reported about the potential partnership on Tuesday, although it said that the deal amount and details were not finalized.
