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Amazon closes at record after $38 billion OpenAI deal with AWS
- On Monday, November 3, 2025, OpenAI announced a $38 billion multiyear partnership with Amazon Web Services to run advanced AI workloads using hundreds of thousands of Nvidia GB200 and GB300 GPUs in AWS data centres.
- The restructuring allowed OpenAI last week to complete its for-profit conversion, removing Microsoft's first right of refusal and enabling purchases from other cloud providers.
- The seven-year deal totals $38 billion in cloud services, with OpenAI using AWS immediately and planned capacity set to deploy before the end of 2026.
- Amazon shares surged about 4.9% Monday, hitting an all-time high, and Jeff Bezos' net worth rose roughly $10 billion in one day.
- Analysts warn OpenAI's dealmaking tops $1 trillion this year, fueling bubble concerns as U.S. AI infrastructure spending is projected to exceed $500 billion in 2026–2027.
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357 Articles
357 Articles
OpenAI Strikes $38B Cloud Deal With Amazon To Boost AI Power
Who needs just one tech giant when you can have them all? OpenAI, the company behind ChatGPT, has inked a massive $38 billion deal with Amazon. The deal gives it access to AWS’s powerful cloud infrastructure — and more importantly, Nvidia chips to train its ever-hungry AI models.It’s a bold move that signals a shift away from its long-standing reliance on Microsoft. Just months ago, OpenAI restructured, moving away from its non-profit roots and …
OpenAI signs $38 billion Amazon Web Services deal for Nvidia-powered cloud compute
The agreement allows OpenAI to begin deploying workloads on AWS immediately, using hundreds of thousands of Nvidia GPUs across US data centers, with additional capacity expected to come online over several years.Read Entire Article
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Total News Sources357
Leaning Left39Leaning Right23Center92Last UpdatedBias Distribution60% Center
Bias Distribution
- 60% of the sources are Center
60% Center
L 25%
C 60%
15%
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