OpenAI is in discussions with Amazon about a potential investment of $10 billion or more, though that number isn't set, CNBC confirmed. The agreement would also include use of Amazon's chips.

OpenAI is in early-stage discussions to raise at least $10 billion from Amazon.com Inc., a move that could significantly deepen ties between the ChatGPT maker and the world's largest cloud-computing provider, reported Information.

Amazon is in talks to invest at least $10 billion in OpenAI, which would use the e-commerce giant's in-house AI chips.

Amazon's stock is on sale despite the company seeing strong growth in both its e-commerce and cloud computing businesses. Chewy's stock is cheap despite the company seeing strong sales growth and expanding gross margins.

Shares of iRobot plummeted Monday after the Roomba robot vacuum maker announced a Chapter 11 bankruptcy filing on Sunday.

Stock News U.S. labor market cools: The U.S. added 64,000 jobs in November after a 105,000 decline in October as unemployment rose to 4.6%, the highest since 20

CNBC's “Power Lunch” team discuss Amazon's stock performance with Dryden Pence, chief investment officer for Pence Wealth Management and Pence Capital.

Meta said Tuesday that the company will begin testing its Instagram for TV app in the U.S. via Amazon Fire TV streaming devices, underscoring the photo-sharing app's effort to become a major video platform beyond smartphones, taking on TikTok and YouTube.

iRobot filed for bankruptcy and will be bought by Chinese manufacturer after Amazon's $1.4 billion acquisition was blocked by the FTC on antitrust grounds last year.