OpenAI has come to terms on a massive 7-year, $38 billion deal with Amazon Web Services to secure cloud computing capabilities needed to power its suite of advanced AI tools such as ChatGPT and Sora.

OpenAI, the developer of ChatGPT, on Monday announced a $38 billion deal with Amazon Web Services (AWS) that grants it access to "hundreds of thousands" of Nvidia chip systems running artificial intelligence (AI).

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An Amazon Web Services outage impacting Amazon's own services and as well as apps around the world wasn't resolved until Monday evening.`

Amazon continues to work to dominate the world of new-tech advertising. The company’s Amazon Web Services will launch a real-time bidding service for ad buyers and sellers called AWS RTB Fabric, with a goal of helping marketers and media outlets buy and sell digital commercial inventory through split-second auctions.

(Gray News/AP) – A massive Amazon Web Services outage caused major disruptions around the world Monday. While the outages lasted several hours, Amazon has said most systems should be back online and operating normally. The company reported that 64 internal AWS services were affected by the issue.

Experts say the incident revealed what can happen when a such a broad spectrum of companies rely on singular cloud provider.