Amazon & OpenAI Strike $38 Billion Compute Deal As Microsoft Exclusive Ends
The seven-year contract will see OpenAI run and scale its core AI workloads on AWS's cloud infrastructure, an agreement that takes effect immediately and positions AWS as a key compute provider for OpenAI's expanding portfolio of generative-AI products, including ChatGPT.
The AWS-OpenAI deal comes just one week after Microsoft's exclusive cloud rights with OpenAI expired, freeing up Sam Altman's AI chatbot startup to sign compute deals with other hyperscalers.
Amazon said the new partnership will provide dedicated compute capacity for both AI training and inference, powering next-generation models and ChatGPT-like services:
breaking: OpenAI's $38B multi-year AWS deal unlocks hundreds of thousands of Nvidia AI chips for training/inference, shifting to multi-cloud after Microsoft exclusive ends
Amazon stock up 2.3% on the news
We are seeing an enormous push into the AI infrastructure. That is what we are really talking about here. This is akin to building roads.
The digital world is dependent upon this. AI is units of cognition.
massive infra buildout indeed - AWS committing $38B over 7 years for OpenAI's Nvidia-powered AI scaling, already boosted AMZN stock 2.3% today
market cap implications huge as AI compute demand surges