DiscoverMarkets & Money Today | 2 Min News | The Daily News Now!OpenAI and Amazon sign $38B deal for AI computing power
OpenAI and Amazon sign $38B deal for AI computing power

OpenAI and Amazon sign $38B deal for AI computing power

Update: 2025-11-03
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**Summary:**OpenAI, the creator of ChatGPT, and Amazon have joined forces in a $38 billion deal, leveraging Amazon's cloud computing power to enhance OpenAI's AI systems. This partnership grants OpenAI access to thousands of Nvidia chips via Amazon Web Services, marking a new era in AI collaboration. OpenAI also ended its exclusive partnership with Microsoft, paving the way for Amazon to play a more significant role. Simultaneously, regulators approved OpenAI's new business structure, enabling it to attract investment and operate for profit. This strategic move underscores the intense competition in AI, with companies requiring more computing power to advance AI capabilities. The partnership is set to be fully operational by 2026, potentially shaping the future of AI tools and smart technology.

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OpenAI and Amazon sign $38B deal for AI computing power

OpenAI and Amazon sign $38B deal for AI computing power