OpenAI in talks with Amazon about investment that could exceed $10 billion
OpenAI is in discussions with Amazon about a potential investment and an agreement to use its artificial intelligence chips, CNBC confirmed.

OpenAI is in discussions with Amazon about a potential investment and an agreement to use its artificial intelligence chips, CNBC confirmed.
In a post on Truth Social, Trump said "Venezuela is completely surrounded by the largest Armada ever assembled in the History of South America."
Robinhood announced Tuesday that users will be able to trade on National Football League games and player performances.
European stocks are expected to open broadly flat on Wednesday as investors gear up for central bank decisions.
The funding round would give Waymo a valuation as high as $110 billion, a person familiar with the matter told CNBC.
Wall Street's bullishness on Tesla has returned after the stock had its worst performance since 2022 in the first quarter of the year.
Shares of Chinese chipmaker MetaX Integrated Circuits Shanghai soared nearly 700% after raising nearly $600 million in its initial public offering.
HashKey, Hong Kong's largest licensed crypto exchange, raised around 1.6 billion Hong Kong dollars after pricing the IPO at HK$6.68 per share.
Sheryl Sandberg says corporate climate is 'one of the worst' ever and there is no excuse for companies to backslide on efforts to level career playing field.
China's educated youth lower their ambitions to find security and better work-life balance in government jobs.
Asia-Pacific markets traded mixed after Wall Street declined as investors assessed the delayed U.S. jobs data for November.
The 6.1% growth topped expectations of an average 4.8% rise estimated by economists polled by Reuters, and was higher than the 3.6% seen in the previous month.
Luxury experts say aspirational luxury consumers are facing new pressures from inflation and a slowing job market, meaning fewer Birkin buyers at auction.
Democrats in the House back a last-ditch effort to extend Obamacare subsidies, which relies on a tactic recently used for the Jeffrey Epstein files bill.
Reclassification to a Schedule III drug and possible Medicare coverage for pot could unlock new investment from pharmaceutical companies.
CNBC's Jim Cramer examined recent market action.
Jim Cramer has multiple reasons to like Procter & Gamble, even as the consumer packaged goods sector remains out of favor.
An administrative law judge in California ruled Tesla's license to sell or manufacture cars in the state should be suspended for 30 days.
WBD agreed to sell its film studio and streaming service HBO Max to Netflix, and plans to spin out Discovery Global, with its TV networks such as CNN and TNT.
Nonfarm payrolls were expected to increase by 45,000 in November as the unemployment rate rose to 4.5%.
CNBC's Jim Cramer on Tuesday opined on massive AI spending that has hurt tech stocks.
The oil market is under pressure as OPEC+ members have rapidly ramped up production and the U.S. pushes Ukraine to accept a peace agreement with Russia.
Wiles, in the rare, candid interviews, described Trump's "reciprocal" tariff policy as "so much thinking out loud."
Critics argue that formalizing nearly nonstop trading could worsen some of the very problems that plague the structure of equity markets today.