avant premier
Economy Finance International News Technology

OpenAI Signs $38 Billion Cloud Partnership with Amazon

OpenAI has signed a $38 billion agreement to purchase cloud storage capacity from Amazon Web Services (AWS), marking its first major deal with the cloud infrastructure giant.

The move signals that the $500 billion AI company is no longer solely reliant on Microsoft. Under the agreement announced Monday, OpenAI will begin running workloads on AWS infrastructure, leveraging hundreds of thousands of Nvidia GPUs in the United States, with plans to expand storage capacity in the coming years.

Amazon’s shares rose by about 5% following the announcement.

Related posts

Tunisian FM to Attend Non-Aligned Movement Ministerial Meeting in Kampala, Uganda

bess hanen

Tunisia and India Discuss Boosting Investment and Industrial Cooperation

bess hanen

Flooding in Saudi Arabia: Heavy Rains Paralyze Major Cities

bess hanen

Leave a Comment