New Delhi, Dec. 18 -- As the race to build ever-larger AI models intensifies, capital is becoming as critical as code. Amazon is now the latest Big Tech player weighing a deeper financial commitment to OpenAI, underlining how strategic alliances are being reshaped by the cost of computing power.

According to a Reuters report dated December 16, Amazon.com Inc. is in talks to invest about $10 billion in OpenAI, the company behind ChatGPT. A source familiar with the matter told Reuters the discussions are "very fluid", adding that a deal at this scale could value OpenAI at more than $500 billion.

While neither Amazon nor OpenAI has commented publicly, the talks point to a broader recalibration underway in the AI ecosystem, one where cloud ...