Amazon Cloud Computing

Amazon, OpenAI and cloud computing

ChatGPT owner OpenAI signs $38bn cloud computing deal with Amazon

The seven-year agreement will see OpenAI gain access to Nvidia graphics processors to train its artificial intelligence models.

· 16h · on MSN

OpenAI strikes 7-year, $38B cloud computing deal with Amazon Web Services

· 18h · on MSN

OpenAI, Amazon Sign $38 Billion Cloud Deal

· 9h

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 gr...

· 1d

Alphabet, Amazon see higher profits from rising value of Anthropic stakes

· 1d

Amazon: Disbelieving Buyers Are Late Yet Again (Rating Downgrade)

Stocktwits on MSN

Amazon’s $38B Cloud Coup With OpenAI Reignites Wall Street’s Hope For AWS: ‘Important Validation’

Amazon announced on Monday a seven-year deal to supply cloud computing capacity to the maker of ChatGPT. ・Retail investors and analysts say the deal is a major win for Amazon Cloud Services, which was previously seen as lagging behind its competitors.

12h

Amazon stock jumps on $38 billion deal with OpenAI to use hundreds of thousands of Nvidia chips

Amazon announced a multi-year $38 billion deal with OpenAI that would allow the ChatGPT developer to access hundreds of thousands of Nvidia's AI chips through its cloud computing infrastructure.

4don MSN

Amazon’s Cloud Unit Posts Fastest Growth Since 2022 on AI Push

Amazon.com Inc.’s cloud unit posted the strongest growth rate in almost three years, reassuring investors who were concerned that the largest seller of rented computing power was losing ground to rivals.

3don MSN

Amazon shares soar 11% on strong cloud growth, easing investor fears over AI spending

Shares in Amazon soared about 11% to reach a new record high Friday after the firm reported its strongest cloud growth since 2022 – easing investor fears that industry giants have been overspending on AI.