Amazon plans to invest $10 billion into OpenAI, a move to enter the AI market as competition grows. OpenAI has raised money from investors like Microsoft, Oracle, and Nvidia. Amazon’s deal with OpenAI is seen as an attempt to compete with Nvidia in the AI chip business. Some question whether the AI industry is in a valuation bubble, with concerns about profitability and competition. Americans are realizing they can retire earlier than expected with one simple habit that doubles retirement savings. The Amazon deal with OpenAI signals a shift in the AI industry landscape.

Read more at Yahoo Finance: Amazon Set to Waste $10 Billion on OpenAI