Analysis-Amazon's $38 billion OpenAI deal shows it is no longer an AI laggard
Update: 2025-11-04
Description
Amazon secures a $38 billion deal with OpenAI, marking a significant comeback for AWS after facing setbacks and losing market share to competitors like Microsoft and Google. The deal, while not as large as others, signals a clear step forward for AWS and a potential win in the AI services market. Amazon's renewed focus on AI and data centers, along with leadership changes, aim to regain momentum and prevent being left behind in the tech competition.
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