Amazon’s (AMZN) much-discussed potential investment into OpenAI (OPENAI) could be tied, in part, to an initial public offering for the ChatGPT maker or its achievement of artificial general intelligence, The Information reported.
Seattle-based Amazon could initially put $15B into OpenAI, the news outlet added, citing people familiar with the matter. The remaining $35B would come if OpenAI were to go public or if it were to reach AGI, which, so far, has not been definitively defined, the people added.
Previous reports have indicated that Amazon could inject close to $50B into OpenAI over time.
Artificial general intelligence, sometimes also known as general artificial intelligence, has been previously described as the singularity—an event where technology surpasses humanity and becomes irreversible.
Aside from the investment, the discussions between the tech giants have also included OpenAI using Amazon’s Trainium chips, the people explained. Amazon Web Services and OpenAI inked a $38B deal in November that would see AWS supply OpenAI with “hundreds of thousands” of Nvidia’s (NVDA) GPUs.
Other conversations between the two companies have centered on OpenAI creating models for Amazon that could be used in internal products and services, such as its Alexa voice assistant.
OpenAI is in talks with several tech companies and investors about investing in its latest funding round, including Nvidia. The new funding round could reach $100B and value the company at approximately $800B.
OpenAI and Amazon did not immediately respond to a request for comment from Seeking Alpha.