Amazon is reportedly in discussions to invest over $10 billion in OpenAI, potentially raising the AI company's valuation to more than $500 billion. The deal may involve the use of Amazon's Trainium AI chips and data center services, according to the Financial Times. This move follows a previous seven-year, $38 billion server lease agreement between the two companies, as OpenAI seeks to diversify its cloud service providers after restructuring its relationship with Microsoft. Negotiations are still in the early stages.