OpenAI Inks 1st Multi-Billion Dollar Deal With Amazon
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OpenAI's $38 billion Amazon AWS deal gives it access to 'hundreds of thousands' of Nvidia GPUs
The AWS partnership is OpenAI's first major cloud computing deal since it struck a new agreement with Microsoft, which gave it more flexibility.
Amazon Web Services (AWS) and OpenAI ink new $38 billion deal to host OpenAI's new NVIDIA GB200 and GB300 AI servers to be deployed in 2026.
In a landmark $38 billion partnership, Amazon Web Services (AWS) will provide massive cloud infrastructure to OpenAI, enabling the ChatGPT maker to scale its AI workloads using cutting-edge NVIDIA GPUs.
Asian stocks rose on Monday as investors weighed last week's megacap earnings showing significant spending on artificial intelligence, while the dollar held near a three-month high after hawkish comments from Federal Reserve policymakers.
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Stock Market Today: Dow Dips But Amazon Surges On OpenAI Move; Kimberly-Clark Dives On $49 Billion Deal (Live Coverage)
Ahead of the opening bell, the Dow shed early losses and edged higher, with Nvidia and Cisco Systems CSCO doing most of the lifting. S&P 500 futures gained 0.3%. The Nasdaq 100 futures advanced 0.6% in premarket trading.