Hi, I'm Becky Quick, co-host of Squawk Box, and this is five things you need to know before today's opening bell.

OpenAI is talking with Amazon about the tech giant possibly investing in the AI startup and having OpenAI use Amazon's chips.

A source tells CNBC that Amazon's investment could top $10 billion.

Self-driving car company Waymo is in talks to raise $15 billion in 2026.

A person familiar with the matter tells CNBC that Waymo plans to raise the money from its

parent company alphabet as well as outside investors at evaluation as high as $110 billion.

Spirit Airlines is in new talks to merge with Frontier Airlines.

That's according to Bloomberg, which says that a deal between the bankrupt spirit and frontier

could be announced as soon as the end of the month ahead of that frontier shares are up by

about 4.7%.

And reports say that the Trump administration is working on an executive order that would seek to speed up defense contractors' production processes by potentially limiting their ability to buy back stock and pay dividends.

Also, home builder Lanar missing fourth quarter profit estimates.

The company's co-CEO saying that the housing market remains under pressure because of affordability issues and weaker consumer confidence that stock down by 4.3%.

We'll be back later today with Squawk Pod, our daily podcast featuring the best of Squawk Box.

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