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

November 3, 2025

, By The Economic Times

1762190218_openai-turns-to-amazon-in-38-billion-cloud-services-deal-after-restructuring.jpg

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OpenAI has signed a seven-year, $38 billion deal to buy cloud services from Amazon.com, in its first big push to power its AI ambitions after a restructuring last week that gave the ChatGPT maker greater operational and financial freedom.

The agreement, announced on Monday, will give OpenAI access to hundreds of thousands of Nvidia graphics processors to train and run its artificial intelligence models. It underscores the AI industry’s insatiable appetite for computing power as companies race to build systems that can rival or surpass human…

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

November 3, 2025

, Published By The Economic Times

1762190218_openai-turns-to-amazon-in-38-billion-cloud-services-deal-after-restructuring.jpg

OpenAI has signed a seven-year, $38 billion deal to buy cloud services from Amazon.com, in its first big push to power its AI ambitions after a restructuring last week that gave the ChatGPT maker greater operational and financial freedom.

The agreement, announced on Monday, will give OpenAI access to hundreds of thousands of Nvidia graphics processors to train and run its artificial intelligence models. It underscores the AI industry’s insatiable appetite for computing power as companies race to build systems that can rival or surpass human…

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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Previous News

Verizon, AWS expand tie up with new fiber network to power AI applications

Next News

Two Indian Americans beat Zuckerberg’s record as youngest self-made billionaire

The Economic Times

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