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AI, Amazon

Analysis-Amazon's $38 billion OpenAI deal shows it is no longer an AI laggard

Amazon's $38 billion cloud deal with OpenAI marks a major endorsement for the e-commerce giant's cloud business after recent setbacks, including ceding market share to rivals and an outage that disrupted large parts of the internet.

· 10h · on MSN

Should You Buy Amazon After Its Deal With OpenAI?

· 18h · on MSN

AI Arms Race Accelerates as OpenAI Taps Amazon for Massive Cloud Power

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Heard on the Street Recap: Amazon Gets a Piece

Amazon's shares jumped 4% after the tech giant landed a $38 billion deal with OpenAI.

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OpenAI strikes $38bn computing deal with Amazon

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OpenAI Signs $38 Billion Cloud Computing Deal With Amazon

· 16h

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

The agreement announced on Monday underscores the AI industry's surging appetite for computing power, driven by the pursuit of technology capable of matching or surpassing human intelligence.

· 19h

If You'd Bought 1 Share of Amazon at Its IPO, Here's How Many Shares You Would Own Now

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OpenAI Signs $38 Billion Deal With Amazon

10hon MSN

OpenAI CEO Sam Altman Just Delivered Fantastic News to Amazon Investors

When it comes to artificial intelligence (AI), perhaps no one commands more attention than Sam Altman, the CEO of ChatGPT maker OpenAI. On Nov. 3, OpenAI announced a headline-grabbing $38 billion partnership with e-commerce and cloud titan Amazon ( AMZN 1.81%).

1don MSN

OpenAI's $38 billion Amazon AWS deal gives it access to 'hundreds of thousands' of Nvidia GPUs

The AWS partnership is OpenAI's first major cloud computing deal since it struck a new agreement with Microsoft, which gave it more flexibility.

16hon MSN

Amazon Stock Got an OpenAI Boost. Why a Press Release Has Become a Market-Moving Event.

On Monday, Amazon’s announcement of a $38 billion agreement for Amazon Web Services to provide infrastructure for OpenAI’s artificial intelligence workloads sent Amazon stock up about 5% to a new all-time high.

1don MSN

Amazon hits new record high after partnering with OpenAI

CNBC's MacKenzie Sigalos reports on Amazon’s record-setting rally after signing a $38 billion cloud deal with OpenAI.

1don MSN

S&P 500, Nasdaq gain after Amazon-OpenAI deal; Kenvue soars after buyout

By Twesha Dikshit and Purvi Agarwal 2025 - The S&P 500 and Nasdaq kicked off November on firmer ground on Monday, after a slew of AI deals boosted megacap companies Amazon and Nvidia, while Kenvue shares soared after Kimberly-Clark's buyout deal.