Amazon is reportedly in talks to invest $50 billion in OpenAI, potentially driving the AI company's valuation to $830 billion, according to a report by The Wall Street Journal, as cited by TechCrunch. The potential investment comes as OpenAI seeks an additional $100 billion in funding.
Negotiations are reportedly being led by Amazon CEO Andy Jassy and OpenAI CEO Sam Altman, TechCrunch reported. Neither Amazon nor OpenAI have commented on the potential deal. OpenAI has also reportedly been in discussions with sovereign wealth funds in the Middle East, and has held additional talks with Nvidia and Microsoft, according to The New York Times, as reported by TechCrunch.
Meanwhile, in other tech news, Elon Musk is considering a potential merger of SpaceX with Tesla or xAI, according to Bloomberg, as reported by The Verge. Reuters initially reported that SpaceX and xAI were in discussions to merge ahead of SpaceX's planned IPO later this year. The merger would reportedly support SpaceX's plans to launch data centers into space.
The increasing demand for data centers, particularly those supporting AI development, is driving a surge in new gas power plant projects in the U.S., according to The Verge.
In other news from the tech world, a new company called Tomorrow Doesn't Matter (TDM) announced a peculiar pair of headphones at CES earlier this month, The Verge reported. The Neo headphones, which can roll up to become a Bluetooth speaker, will be available for preorder starting on February 10th via Kickstarter.
The Verge also published a review of foldable phones, noting that while they offer great rewards, they also come with great responsibilities. Foldable phones are generally heavier, pricier, and have less capable cameras than standard slab-style phones, and are still not as durable as regular smartphones, according to Allison Johnson, a senior reviewer at The Verge.
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