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Stockreport

Altman pursues Middle East capital as OpenAI seeks $800 billion valuation - Report [Yahoo! Finance]

Amazon.com, Inc. (AMZN)  More Company Research Source: Yahoo! Finance
Last amazon.com, inc. earnings: 4/30 04:01 pm Check Earnings Report
This capital injection could total at least $50 billion, according to a Wednesday report from Bloomberg citing people familiar with the matter. Altman recently visited the region to hold discussions with leading state-backed funds in Abu Dhabi, the people said. The ChatGPT maker is currently aiming for a valuation between $750 billion and $830 billion, according to Bloomberg's sources. However, the talks remain in the early stages and the final figures could still change. OpenAI has also held recent discussions with Amazon.com Inc. to raise at least $10 billion, Bloomberg News has previously reported. While the startup apparently declined to comment on the current round, previous reports from The Information suggest the company is aggressively pursuing tens of billions in new capital. The company has already raised billions to finance the immense costs of specialized chips, data centers, and technical talent. OpenAI has committed to spending more than $1.4 trillion on AI infra [Read more]

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Stockreport

Altman pursues Middle East capital as OpenAI seeks $800 billion valuation - Report [Yahoo! Finance]

Amazon.com, Inc.  (AMZN) 
Last amazon.com, inc. earnings: 4/30 04:01 pm Check Earnings Report
This capital injection could total at least $50 billion, according to a Wednesday report from Bloomberg citing people familiar with the matter. Altman recently visited the region to hold discussions with leading state-backed funds in Abu Dhabi, the people said. The ChatGPT maker is currently aiming for a valuation between $750 billion and $830 billion, according to Bloomberg's sources. However, the talks remain in the early stages and the final figures could still change. OpenAI has also held recent discussions with Amazon.com Inc. to raise at least $10 billion, Bloomberg News has previously reported. While the startup apparently declined to comment on the current round, previous reports from The Information suggest the company is aggressively pursuing tens of billions in new capital. The company has already raised billions to finance the immense costs of specialized chips, data centers, and technical talent. OpenAI has committed to spending more than $1.4 trillion on AI infra [Read more]

IMPACT SNAPSHOT
EVENT TIME:
AMZN
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
POST NEWS RANGE
%
PRICE CHANGE

PRICE CHANGE PERCENTAGE


S&P 500 (SPX)

%

VOLUME RATIO
%

VOLUME (SHARES)
TICKS

AVG SHARES PER TRADE

EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS