Amazon posted higher fiscal third quarter profit and sales compared with a year ago, fueled by accelerating growth in its ...

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 ...

OpenAI has struck a $38 billion agreement with Amazon Web Services (AWS) to secure cloud computing power from the tech giant, ...

The deal underscores the AI industry’s insatiable appetite for computing power, pushing Amazon shares to an all-time high.

Amazon shares rose to a record high Monday after the tech giant said it struck a $38 billion cloud computing deal with OpenAI.

“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 ...

Shares of Amazon ( AMZN +3.99%) jumped on Monday, finishing the day up 5%. The move higher came as the S&P 500 gained 0.1% ...

OpenAI signed a $38 billion deal with Amazon Web Services, diversifying its cloud computing resources beyond Microsoft with access to hundreds of thousands of Nvidia GPUs through 2026. The seven-year ...

Shares in the US technology giant rose another 6% to $259 in early trading in New York following a near-10% jump on Friday.

OpenAI and Amazon have signed a $38 billion deal that enables the ChatGPT maker to run its artificial intelligence systems on ...

OpenAI signs a $38 billion deal with Amazon for cloud services, gaining access to Nvidia GPUs to fuel its AI ambitions and ...

In its financial results for the third quarter ending September 30, 2025, Amazon’s net sales climbed 13% year-over-year to ...