“AWS is growing at a pace we haven’t seen since 2022, re-accelerating to 20.2% YoY,” Andy Jassy, the president and CEO of Amazon, said in the company’s earnings announcement. “We continue to see strong demand in AI and core infrastructure, and we’ve been focused on accelerating capacity — adding more than 3.8 gigawatts in the past 12 months.”

Verizon announced a deal with Amazon Web Services on Monday to build high-capacity fiber routes connecting AWS data centers, aiming to strengthen infrastructure for the next generation of artificial intelligence applications.

Sam Altman, CEO of OpenAI said the company is committed to spending $1.4 trillion to develop 30 gigawatts of computing resources.

Cloud security is now a key component of business strategy, as multi-cloud and hybrid infrastructures have become the norm.

Deal to span over 7 years, with OpenAI to immediately start using AWS infrastructure to run workloads, utilizing hundreds of thousands of Nvidia GPUs in the US, with plans to increase capacity over ne