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Amazon Just Landed a $38 Billion OpenAI Deal

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· 3h · on MSN

OpenAI Signs Major Deal With AWS Just Weeks After Massive Outage

"Scaling frontier AI requires massive, reliable compute," OpenAI chief, Sam Altman, said in a press statement.

· 2d · on MSN

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

· 2d · on MSN

OpenAI strikes 7-year, $38B cloud computing deal with Amazon Web Services

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OpenAI signs $38 billion deal to use Amazon's cloud platform

OpenAI has signed a seven-year, $38 billion deal to buy cloud services from Amazon.com, in its first big push to power its AI ambitions after a restructuring last week that gave the ChatGPT maker grea...

· 10h

OpenAI’s billion dollar spending and $1 trillion IPO explained | Vantage on Firstpost | N18G

Outlook Business · 1d

Is OpenAI Inflating the AI Bubble? ChatGPT Maker’s $38Bn Cloud Deal with Amazon Explained

2don MSN

OpenAI, Amazon strike $38 billion agreement for ChatGPT maker to use AWS

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 its artificial intelligence models.

CRN

Amazon CEO Explains Layoffs, Buying ‘A Lot Of Nvidia,’ AI Chip Innovation And Doubling AWS Capacity

Andy Jassy explains Amazon’s 14,000 layoffs, buying Nvidia chips, upcoming Trainium3 AI chips, AWS capacity and sales growth, and its Bedrock AI agent platform.

7don MSN

Days after massive AWS outage, some users report sequel that Amazon says is false

User complaints surged on tracking site DownDetector just after noon Eastern time, with most reports concentrated in the company’s US-EAST-1 region.

12don MSN

Amazon’s AWS Shows Signs of Weakness as Competitors Charge Ahead

The company that invented the cloud business is widely perceived as trailing its rivals in artificial intelligence.

Futurism on MSN

AWS Outage That Took Down Internet Came After Amazon Fired Tons of Workers in Favor of AI

When Amazon Web Services suffered an outage on Monday morning, it practically took down the internet with it. There went all of Amazon’s services, from its shopping hub to its Ring doorbell cameras. ChatGPT went quiet. “Smart” mattresses became unsleepable. Video games like Fortnite blinked out, as did platforms like Snapchat and banking apps.

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Cipher Mining (CIFR) Jumps to Record High on New $5.5-Billion Deal with Amazon Web Services

Cipher Mining jumped to a new all-time high on Monday, as investors cheered its new $5.5 billion high-performance computing (HPC) agreement with Amazon Web Services (AWS) and its impressive earnings

5don MSN

Amazon reports higher sales and earnings for 3Q, helped by its fast-growing web services business

Amazon posted higher fiscal third quarter profit and sales compared with a year ago, fueled by accelerating growth in its cloud computing business and strong spending by its customers looking for low prices at a time when inflation is resurging.

1don MSN

Amazon Soars as AWS Growth Accelerates. Is It Too Late to Buy the Stock?

Amazon turned in strong third-quarter results, led by growth at AWS. Meanwhile, its e-commerce operations continue to see strong operating leverage. The stock looks reasonably valued with growth set to pick up.

Amazon's 'Project Rainier' is live. Could it be the catalyst AWS needs?

On Wednesday Amazon announced the completion of its data-center initiative Project Rainier, which will primarily be used to service Anthropic's compute needs. The company expects Anthropic's Claude to be using over one million of Amazon's custom Trainium2 chips by year-end.

Fireship on MSN

50+ AWS services explained in just 10 minutes

Amazon Web Services can feel overwhelming, with dozens of tools and products covering everything from computing and storage to AI and security. This video simplifies it all by breaking down over 50 AWS services - clearly and efficiently - in just 10 minutes.