Last week, OpenAI completed its for-profit restructuring and announced a new deal with Microsoft that will give the company ...
Amazon (NASDAQ:AMZN) stock rose 5.4% Monday after the company’s cloud division AWS announced a multi-year strategic partnership with OpenAI valued at $38 billion.
OpenAI will begin using AWS compute immediately, with all capacity targeted for deployment before the end of 2026 and additional expansion planned through 2027 and beyond.
AWS showed strong AI performance growth in Q3 2025. Amazon plans to double AWS capacity by 2027, citing power as a key ...
Crypto miner Cipher Mining (CIFR) soared nearly 20% in pre-market on Monday after announcing a $5.5 billion, 15-year deal with Amazon Web Services (AWS) to supply power and space for artificial ...
Partnership will enable OpenAI to run its advanced AI workloads on AWS’s world-class infrastructure starting immediately.
Quick Read The $700 billion cloud backlog highlights AI’s unstoppable momentum, creating opportunities for supply chain ...
Last week, several of the Magnificent Seven firms posted quarterly earnings. Meta Platforms (META) and Microsoft (MSFT) fell afterward, while the others rallied. Meta lost 13.5% last week, closing at ...