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OpenAI and Amazon Seal $38 Billion Cloud Deal for AI Expansion

This agreement signifies a significant investment in cloud and AI infrastructure, highlighting the...
Key Metrics

11.81

Heat Index
  • Impact Level
    Medium
  • Scope Level
    National
  • Last Update
    2025-11-03
Key Impacts
Positive Impacts (7)
NVIDIA Corp. (NVDA)
Amazon.com Inc. (AMZN)
Cloud Computing & Hyperscaler Sector
Data-Center REITs (Equinix, Digital Realty)
Semiconductor Foundries (TSMC, Samsung Foundry)
High-Bandwidth Memory Suppliers (Micron, SK Hynix)
Negative Impacts (2)
Alphabet Inc. / Google Cloud
Microsoft Corp. (MSFT)
Total impacts: 10 | Positive: 7 | Negative: 2
Event Overview

This agreement signifies a significant investment in cloud and AI infrastructure, highlighting the growing importance of advanced computing resources. The deal underscores the competitive landscape in tech, with major players positioning themselves to lead in AI capabilities and services.

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OpenAI and Amazon Announce $38 Billion Cloud Deal
2025-06-28 05:03

OpenAI, the creator of ChatGPT, has signed a seven-year, $38 billion cloud deal with Amazon. This agreement will allow OpenAI to use Amazon Web Services (AWS) for AI model training and operations, expanding its capabilities beyond Microsoft's infrastructure. The deal involves the use of hundreds of thousands of Nvidia GPUs in AWS's new EC2 UltraServers. Following the announcement, Amazon's shares rose nearly 5%. This partnership is part of Amazon's ongoing investments in cloud and AI, including the launch of Project Rainier, one of the world's largest AI compute clusters.

Total records: 1
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