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.
319 Articles
319 Articles
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
OpenAI Teams Up With Amazon for Even More Computing Power
Sam Altman is still sore about the $45,000 he spent on a Tesla Roadster but never received, a grievance he aired during his never-ending feud with Elon Musk on X. But that hasn’t kept Altman from spending big at his company OpenAI, which is causally tossing around astronomically larger sums, like the $38 billion it agreed to pay Amazon yesterday for additional cloud infrastructure. The new agreement lets OpenAI immediately start tapping the com…
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