OpenAI Spends Even More Money It Doesn’t Have

OpenAI's growth obsession continues as AWS becomes the latest megadeal in its scaling spree

OpenAI has signed a $38 billion multi-year deal with Amazon Web Services (AWS) to run and expand its AI models using AWS infrastructure. The article OpenAI's growth obsession continues as AWS becomes the latest megadeal in its scaling spree appeared first on THE DECODER.

OpenAI spends even more money it doesn’t have

OpenAI’s overdraft continued its upward trajectory on Monday when the company signed a multi-year $38 billion contract with AWS to have it run its AI workloads. The latest spending spree adds to the incremental $250 billion of Azure services it pledged to buy last week, and, of course, to the commitment it has made towards building Stargate data centers with Oracle and other partners. According to a release from OpenAI, the dollars heading to AW…