Amazon.com Inc. is negotiating a $50 billion commitment to OpenAI, alongside an expanded cloud‑compute agreement that would let the AI startup sell processing power to Amazon. The deal could also grant Amazon access to ChatGPT‑style models for its retail and AWS platforms, while employees gain internal use rights and integrate them into its logistics software.

If the talks close, Amazon would fund up to half of a fresh $100 billion round that also includes Nvidia and SoftBank. Sam Altman is courting Silicon Valley giants and sovereign wealth funds to cover OpenAI’s soaring cloud costs and to position the company for a fourth‑quarter 2026 IPO, while seeking to outpace rival Anthropic’s market debut.

Investors will watch whether Andy Jassy seals the pact, as it could tighten Amazon’s grip on AI infrastructure and challenge rivals like Microsoft. A confirmed deal may boost AWS revenue, pressure cloud pricing, and set a valuation benchmark ahead of OpenAI’s public listing. Market reaction will hinge on deal terms.