OpenAI inks $38B deal with AWS
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The $38 billion agreement will span the next seven years, with OpenAI and AWS working to scale agentic workloads.
On Wednesday Amazon announced the completion of its data-center initiative Project Rainier, which will primarily be used to service Anthropic's compute needs. The company expects Anthropic's Claude to be using over one million of Amazon's custom Trainium2 chips by year-end.
Overall, Amazon's revenue rose by 13% year over year to $180.2 billion, which came in above the $177.8 billion analyst consensus, as compiled by LSEG. Earnings per share climbed 36% to $1.95, which easily surpassed analyst expectations of $1.57.
The outage affected websites like Coinbase and Fortnite, and disrupted services like Signal, Zoom, and Amazon's own products, including Ring.
The company listed all of the systems that went haywire, but never really identified what happened differently that day to cause problems. Worse yet, putting out technology brushfires this way leaves the forest in danger of burning again.
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Here's what experts say the Amazon Web Services outage reveals about the fragility of the cloud
Experts say the incident revealed what can happen when a such a broad spectrum of companies rely on singular cloud provider.
A major outage last week disrupted Amazon's cloud division for 15 hours, affecting hundreds of companies and raising questions about AWS' resilience.
Partnership will enable OpenAI to run its advanced AI workloads on AWS’s world-class infrastructure starting immediately