US EditionAmazon 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.
210 Articles
210 Articles
New York, USA. US company OpenAI signed a $38 billion agreement with AWS, Amazon's cloud computing division, to acquire additional development capacity for its artificial intelligence platform (IA), according to a statement released on Monday. Thus, the ChatGPT's creative startup continues its ambitious drive to acquire computing power and storage from both cloud providers and AWS, as well as chip manufacturers, to ensure its competitiveness in …
November 3, 2025 – New York – EFE. The OpenAI technology company has entered into a large-scale agreement with Amazon, valued at $38 billion, to ensure access to the infrastructure of Jeff Bezos’s company. The purpose of this alliance is to enhance and streamline OpenAI’s artificial intelligence tasks, seeking greater efficiency in its operations. Specifically, collaboration implies that the Amazon cloud platform, Amazon Web Services (AWS), will…
OpenAI signs $38 billion deal to power AI tools with 'hundred of thousands' of Nvidia chips via Amazon Web Services
OpenAI and Amazon have signed a $38 billion deal that enables the ChatGPT maker to run its artificial intelligence systems on Amazon’s data centers in the U.S. OpenAI will be able to power its AI tools using “hundreds of thousands” of Nvidia’s specialized AI chips through Amazon Web Services as part of the deal announced Monday. Amazon shares increased 4% after the announcement. The agreement comes less than a week after OpenAI altered its partn…
Why Did Amazon Stock Jump 5% Today?
Key PointsOpenAI will purchase $38 billion in cloud computing services from AWS.The deal is the first between the ChatGPT creator and the largest cloud computing provider in the world. 10 stocks we like better than Amazon › Shares of Amazon (NASDAQ: AMZN) jumped on Monday, finishing the day up 5%. The move higher came as the S&P 500 gained 0.1% and the Nasdaq Composite rose 0.4%. The tech behemoth inked a major deal to provide OpenAI with $38 bi…
OpenAI turns to Amazon in $38B cloud services deal | Honolulu Star-Advertiser
OpenAI has signed a seven-year, $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 greater operational and financial freedom.
OpenAI strikes 7-year, $38B cloud computing deal with Amazon Web Services
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 tools such as ChatGPT and Sora.
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