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Amazon and OpenAI ink $38B deal for Nvidia AI chips
Amazon partnered with OpenAI for a $38B deal securing Nvidia AI chips, boosting cloud AI infrastructure and global competitiveness in high-performance computing services.
Amazon signed a $38 billion multi-year agreement with OpenAI to access Nvidia AI chips, strengthening its cloud computing and AI infrastructure capabilities. The deal positions Amazon ahead in the AI arms race, enabling faster deployment of machine learning models and high-performance computing solutions. Analysts anticipate enhanced AI-powered services, improved data processing speeds, and increased competitiveness against other cloud providers. Investors view this as a strategic move to capture the growing demand for AI cloud solutions globally. The partnership emphasizes the critical role of hardware in AI adoption and enterprise applications.