OpenAI and Amazon ink $38B cloud computing deal
Update: 2025-11-03
Description
OpenAI partners with Amazon for a $38 billion cloud computing deal, marking a significant expansion of its AI capabilities. The company will shift its computing needs to Amazon Web Services, aiming to handle advanced AI workloads by 2026. This move comes after a business restructuring that gives OpenAI more freedom to choose partners. OpenAI also plans to invest over $1 trillion in data centers and partnerships over the next decade, raising concerns about a potential AI bubble due to massive investments without guaranteed returns or risk assessments.
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