US EditionAmazon closes at record after $38 billion OpenAI deal with AWS
- On Monday, November 3, 2025, OpenAI announced a $38 billion multiyear partnership with Amazon Web Services to run advanced AI workloads using hundreds of thousands of Nvidia GB200 and GB300 GPUs in AWS data centres.
- The restructuring allowed OpenAI last week to complete its for-profit conversion, removing Microsoft's first right of refusal and enabling purchases from other cloud providers.
- The seven-year deal totals $38 billion in cloud services, with OpenAI using AWS immediately and planned capacity set to deploy before the end of 2026.
- Amazon shares surged about 4.9% Monday, hitting an all-time high, and Jeff Bezos' net worth rose roughly $10 billion in one day.
- Analysts warn OpenAI's dealmaking tops $1 trillion this year, fueling bubble concerns as U.S. AI infrastructure spending is projected to exceed $500 billion in 2026–2027.
270 Articles
270 Articles
OpenAI to pay Amazon US$38 billion in 7-year cloud services deal
OpenAI has signed a seven-year, US$38 billion deal to buy cloud services from Amazon.com, in its first big push to power its AI ambitions after a restructuring last week that gave the ChatGPT maker greater operational and financial freedom. The agreement, announced on Monday, will give OpenAI access to hundreds of thousands of Nvidia graphics processors to train and run its artificial intelligence models. The deal underscores the AI industry’s i…
The US company OpenAI signed a $38 billion agreement with AWS, Amazon’s cloud computing division, to acquire additional development capacity for its artificial intelligence platform (IA), according to a press release released on Monday. Thus, the ChatGPT’s creative startup continues its ambitious drive to acquire computing power and storage from both cloud providers and AWS, as well as chip manufacturers, to ensure its competitiveness in the IA …
New York, USA. US company OpenAI signed a $38 billion agreement with AWS, Amazon's cloud computing division, to acquire additional development capacity for its artificial intelligence platform (IA), according to a statement released on Monday. Thus, the ChatGPT's creative startup continues its ambitious drive to acquire computing power and storage from both cloud providers and AWS, as well as chip manufacturers, to ensure its competitiveness in …
Building data centers can take years, and AI doesn't wait, so OpenAI, a company that has lost $12 billion in the last quarter, is going to pay nearly $600,000 million to Amazon, Oracle, and Microsoft, to rent their data centers for artificial intelligence. Bubble? What bubble?The last deal signed is with Amazon, to which it will pay $38 billion to use its AWS cloud to train ChatGPT and company.This dinosaur looks like cauldron, compared to the $…
OpenAI signs $38 billion deal to power AI tools with 'hundred of thousands' of Nvidia chips via Amazon Web Services
OpenAI and Amazon have signed a $38 billion deal that enables the ChatGPT maker to run its artificial intelligence systems on Amazon’s data centers in the U.S. OpenAI will be able to power its AI tools using “hundreds of thousands” of Nvidia’s specialized AI chips through Amazon Web Services as part of the deal announced Monday. Amazon shares increased 4% after the announcement. The agreement comes less than a week after OpenAI altered its partn…
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