OpenAI turns to Amazon in $38 billion cloud services deal
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“AWS is growing at a pace we haven’t seen since 2022, re-accelerating to 20.2% YoY,” Andy Jassy, the president and CEO of Amazon, said in the company’s earnings announcement. “We continue to see strong demand in AI and core infrastructure, and we’ve been focused on accelerating capacity — adding more than 3.8 gigawatts in the past 12 months.”
Spending on cloud infrastructure from Amazon Web Services, Microsoft Azure, Google Cloud and others reached $39.9 billion in the fourth quarter of last year – up $10bn year on year. Collectively, AWS, Microsoft Azure and Google Cloud earned 58% of ...