OpenAI is negotiating a potential investment from Amazon that could exceed $10 billion. This comes after OpenAI's restructuring, which allows it to seek partnerships beyond Microsoft, its primary backer. Amazon aims to strengthen its position in the generative AI market, having previously invested in OpenAI competitor Anthropic.

Nvidia, Microsoft, and Amazon are negotiating a significant investment in OpenAI, potentially totaling up to $60 billion. This funding round could reach $100 billion, with Nvidia considering a $30 billion investment, Microsoft under $10 billion, and Amazon possibly contributing over $10 billion.

Microsoft and Amazon back the Gain AI Act, which aims to restrict Nvidia's chip exports to China while giving tech giants preferential access to chips. This legislation faces opposition from some in the White House and Nvidia but has support from key congressional figures.

Amazon has taken action to block an APT29 campaign that was targeting Microsoft device code authentication. This intervention is part of ongoing efforts to thwart sophisticated cyber threats and protect user data against malicious actors exploiting vulnerabilities.

Amazon has decided to scale back its ambitious AI data center plans, following a similar retreat by Microsoft. The move reflects the growing caution in the tech industry regarding the rapid expansion of cloud infrastructure amid economic uncertainties and changing market demands.