Warren Buffett Just Hit the Sell Button for $4.1 Billion. Is the Oracle of Omaha Losing Faith in the Stock Market?

Warren Buffett sold 20 million shares of his top holding in the second quarter.

OpenAI Signs $38 Billion Cloud Computing Deal With Amazon

After signing agreements to use computing power from Nvidia, AMD and Oracle, OpenAI is teaming up with the world’s largest ...
The Information

OpenAI, AWS Sign $38 Billion Cloud Deal

OpenAI will spend $38 billion to rent servers from Amazon Web Services in the coming years, the two companies announced Monday. AWS will rent existing servers to OpenAI and will build new data center ...
Datacenter Dynamics

Internal documents show Oracle's average profit margin for AI cloud deals was 16% - report

Internal financial documents suggest that Oracle's GPU deals with the likes of OpenAI and other customers saw an average gross profit margin of just 16 percent. As reported by The Information, citing ...

OpenAI and Amazon sign $38B deal for AI computing power

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

OpenAI, Amazon Sign $38 Billion Cloud Deal

OpenAI has agreed to pay Amazon.com $38 billion for computing power in a multiyear deal that marks the first partnership between the startup and the cloud company.The deal, unveiled Monday, will help ...
The Chosun Ilbo on MSN

OpenAI Inks $38 Billion AWS Cloud Deal to Diversify From Microsoft

OpenAI has signed a $38 billion (approximately 54 trillion Korean won) cloud computing contract with Amazon Web Services (AWS ...
MediaPost

Amazon, Open AI Sign $38B Cloud Services Deal For Nvidia Chips

Amazon Web Services has signed a $38 billion deal to supply OpenAI's demand for computing power with Nvidia chips as part of a seven-year deal, the companies announced Monday.