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Amazon Just Landed a $38 Billion OpenAI Deal

Analysis-Amazon's $38 billion OpenAI deal shows it is no longer an AI laggard

Amazon's $38 billion cloud deal with OpenAI marks a major endorsement for the e-commerce giant's cloud business after recent setbacks, including ceding market share to rivals and an outage that disrupted large parts of the internet.

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OpenAI's $38 billion Amazon AWS deal gives it access to 'hundreds of thousands' of Nvidia GPUs

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Should You Buy Amazon After Its Deal With OpenAI?

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Heard on the Street Recap: Amazon Gets a Piece

Amazon's shares jumped 4% after the tech giant landed a $38 billion deal with OpenAI.

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Amazon deal lifts tech stocks as Wall Street rally fizzles

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OpenAI Signs $38 Billion Cloud Computing Deal With Amazon

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OpenAI CEO Sam Altman Just Delivered Fantastic News to Amazon Investors

When it comes to artificial intelligence (AI), perhaps no one commands more attention than Sam Altman, the CEO of ChatGPT maker OpenAI. On Nov. 3, OpenAI announced a headline-grabbing $38 billion partnership with e-commerce and cloud titan Amazon (NASDAQ: AMZN).

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Amazon Stock Got an OpenAI Boost. Why a Press Release Has Become a Market-Moving Event.

On Monday, Amazon’s announcement of a $38 billion agreement for Amazon Web Services to provide infrastructure for OpenAI’s artificial intelligence workloads sent Amazon stock up about 5% to a new all-time high.

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Amazon hits new record high after partnering with OpenAI

CNBC's MacKenzie Sigalos reports on Amazon’s record-setting rally after signing a $38 billion cloud deal with OpenAI.

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S&P 500, Nasdaq gain after Amazon-OpenAI deal; Kenvue soars after buyout

By Twesha Dikshit and Purvi Agarwal 2025 - The S&P 500 and Nasdaq kicked off November on firmer ground on Monday, after a slew of AI deals boosted megacap companies Amazon and Nvidia, while Kenvue shares soared after Kimberly-Clark's buyout deal.