OpenAI (PC:OPAIQ) has signed a new $38 billion agreement with Amazon Web Services (AMZN) for cloud services over seven years.

Amazon (AMZN) stock rose 4% on Monday, as investors cheered a $38 billion multi-year deal with OpenAI (PC:OPAIQ). Under this ...

The deal between OpenAI (OPENAI) and Amazon (AMZN) should provide a “new positive vibe” for the e-commerce and cloud ...

The fact that OpenAI needed $660 billion across five cloud providers to avoid vendor lock-in tells you everything about NVIDIA’s pricing power problem ...

The seven-year agreement is the companies’ first computing partnership and is part of Amazon’s efforts to grow its cloud ...

Wedbush analysts Dan Ives and Scott Devitt raise the price target on Amazon stock from $330 to a Street high of $340 ...

OpenAI (OPENAI) said on Monday that it has signed a deal with Amazon (AMZN) Web Services worth $38B to help supply it with “hundreds of thousands” of Nvidia's (NVDA) GPUs. Read for more.

Amazon.com will supply OpenAI with cloud computing services under a multi-year $38 billion deal, giving the ChatGPT maker access to hundreds of thousands of Nvidia graphics processors to train and run ...

Shares of cloud computing and online retail behemoth Amazon (NASDAQ:AMZN) jumped 4.9% in the afternoon session after the ...

OpenAI will begin using Amazon Web Services immediately, with all planned capacity set to come online by the end of 2026 and room to expand further in 2027 and beyond.

Yahoo Finance's John Hyland outlines some of the top stories on Wall Street as part of Monday's Market Minute, including ...

Jeff Bezos who holds 8% equity in Amazon and saw his net worth rise $9.8 billion, more than 3.8%, as of Monday afternoon.