Is a new OpenAI deal what Amazon’s stock needs to finally come alive?
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Is a new OpenAI deal what Amazon’s stock needs to finally come alive?Listen(3 min)Listen(3 min)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.About the AuthorChristine Ji is a reporter covering Big Tech.Copyright © 2025 MarketWatch, Inc. All rights reserved.