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Amazon signs $38-billion deal with OpenAI for Nvidia chips
short by Ishita Ranganath / on 03 Nov 2025,Monday
Amazon has signed a seven-year $38-billion deal with OpenAI, giving the ChatGPT maker access to Nvidia's AI-chips to train and run its AI models. Under the deal, OpenAI will begin using Amazon Web Services immediately, with all planned capacity set to come online by the end of 2026. The deal sent Amazon shares up 5% in premarket trading.
short by Ishita Ranganath / 10:42 pm on 03 Nov
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