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Amazon (AMZN) Inches Closer to $10B OpenAI Deal, Challenging Nvidia (NVDA) in AI Chips

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The Story

News Summary

  • Amazon is in early talks to invest $10 billion in OpenAI, potentially adopting its Trainium chips and challenging Nvidia’s GPU dominance in AI infrastructure, signaling a strategic boost for Amazon amid rising competition among AI and cloud providers.
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NVDA price history

210.96 +18.92% over the displayed period

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