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Amazon Just Landed a $38 Billion OpenAI Deal

OpenAI turns to Amazon in $38 billion cloud services deal after restructuring

OpenAI has signed a seven-year, $38 billion deal to buy cloud services from Amazon.com (AMZN.O), in its first big push to power its AI ambitions after a restructuring last week that gave the ChatGPT m...

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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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ChatGPT owner OpenAI signs $38bn cloud computing deal with Amazon

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OpenAI Signs $38 Billion Cloud Computing Deal With Amazon

OpenAI is also working to build new computer data centers with Oracle, the Japanese conglomerate SoftBank, the United Arab Emirates and others.

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Amazon’s new OpenAI deal offers further proof the stock has become an AI winner

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OpenAI buys $38 billion of computing power from Amazon subsidiary

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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.

OpenAI Inks $38 Billion Cloud Pact With Amazon, Microsoft Loses Exclusivity

Amazon gains a marquee client for AWS, its profit engine, validating billions invested in AI-ready infrastructure. The deal bolsters AWS against rivals Microsoft Azure and Google Cloud, while tying OpenAI closer to Amazon's ecosystem—building on prior integration of OpenAI's open-weight models into AWS services like Bedrock.

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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.