Amazon Strengthens AI Edge with $38 Billion OpenAI Partnership

Amazon shares jumped 4.83% following confirmation of a $38 billion multi-year partnership with OpenAI to supply large-scale compute infrastructure. The collaboration enhances Amazon Web Services’ leadership in AI infrastructure while supporting OpenAI’s growing computational needs. Analysts project this partnership to deliver major cloud revenue synergies and boost enterprise AI adoption. The deal reflects Big Tech’s continued race for AI dominance, positioning Amazon as a top-tier player in cloud-driven artificial intelligence services. [Source: Zerodha Pulse/Bloomberg]