OpenAI and Amazon sign $38 billion deal for AI computing power

Washington Times

10 hours ago

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OpenAI has signed a $38 billion deal with Amazon Web Services (AWS) to significantly expand its artificial intelligence computing power. This agreement will allow OpenAI to utilize hundreds of thousands of Nvidia's AI chips housed within AWS data centers in the United States. The partnership is crucial for OpenAI to meet the immense demand for computing power needed to develop and maintain its AI systems, including ChatGPT. The full capacity from this deal is expected to be deployed by the end of 2026, with potential for further expansion into 2027 and beyond. This move comes shortly after OpenAI altered its cloud computing arrangement with Microsoft, its previous exclusive provider, and as the company navigates regulatory approvals for a new business structure aimed at facilitating capital raising and profitability. OpenAI has been making substantial financial commitments to AI infrastructure, including deals with Oracle and SoftBank for data centers and with chipmakers like Nvidia, AMD, an... download the app to read more

d Broadcom. Despite concerns from some investors regarding the financial sustainability of these large infrastructure investments for a company that currently operates at a loss, OpenAI CEO Sam Altman has expressed confidence in the company's steep revenue growth and its forward-looking strategy. AWS's existing role as a cloud provider for OpenAI's competitor, Anthropic, highlights the competitive landscape of AI cloud services.

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