OpenAI and Amazon Ink $38 Billion Deal for ChatGPT to Utilize AWS

OpenAI has signed a multi-year $38 billion deal with Amazon to use AWS cloud services, gaining access to hundreds of thousands of Nvidia GPUs for training and running its AI models. The agreement highlights the AI industry’s growing demand for computing power and caused Amazon shares to rise 5%. OpenAI plans to deploy all capacity by 2026, with room for expansion in 2027. The move marks a shift from its Microsoft partnership and follows recent restructuring aimed at enabling a potential $1 trillion IPO. OpenAI has also secured cloud deals with Google and Oracle, reflecting massive spending in AI infrastructure.