Amazon to reportedly invest up to $50B in OpenAI: WSJ
Yahoo Finance Video
Thu, January 29, 2026 at 4:57 PM EST
In this video:
Amazon (AMZN) is reportedly in talks to invest in OpenAI (OPAI.PVT), according to the Wall Street Journal.
Market Domination Overtime host Josh Lipton outlines the details.
To watch more expert insights and analysis on the latest market action, check out more Market Domination Overtime.
Video Transcript
00:00
Speaker A
We're watching Amazon here as the company reportedly nears a deal to invest in Open AI.
00:04
Speaker A
The Wall Street Journal now says the e-commerce giant is in talks to invest up to 50 billion in that startup.
00:11
Speaker A
At that level, it would make Amazon the largest contributor to Open AI's ongoing fundraising round.
00:17
Speaker A
It's reportedly looking to raise $100 billion dollar in this round. Softbank is also in talks to invest as well as the companies already have a strategic partnership in place.
00:27
Speaker A
Amazon also has an investment in OpenAI's rival, remember, Anthropic.
00:32
Speaker A
But all this spending is coming at a cost. Just this week, Amazon announced it's cutting 16,000 jobs.
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