Core Viewpoint - Amazon's cloud service division, Amazon Web Services (AWS), has entered into a significant seven-year agreement with OpenAI, valued at up to $38 billion, to supply high-end AI accelerator chips from NVIDIA [1] Group 1: Agreement Details - The agreement will provide OpenAI with hundreds of thousands of NVIDIA AI accelerator chips [1] - OpenAI will begin utilizing AWS's computing resources immediately, with all chips scheduled for delivery by the end of 2026 [1] - The chip models included in the agreement are NVIDIA's latest GB200 and GB300 AI accelerators, which will support the response generation of ChatGPT and the training of next-generation large models [1] Group 2: Market Reaction - Following the announcement, Amazon's stock price rose over 4.5% in pre-market trading [1] - NVIDIA's stock price also saw an increase of more than 2.5% [1]

Cipher Mining is renting out its infrastructure to meet booming demand for AI computing. ...

Power infrastructure continues to be a key theme underpinning the artificial intelligence (AI) growth story on Wall Street, led by anticipated data center demand. Barchart Senior Market Strategist John Rowland, CMT, has previously highlighted the upside potential for battery stocks like EOS Energy (EOSE) and critical metals like copper, but more recent headlines have surfaced a couple of other interesting stocks to watch. Going “Behind the Meter” As more and more data centers are looking to come online, f ...

SEATTLE (AP) — OpenAI and Amazon have signed a $38 billion deal that enables the ChatGPT maker to run its artificial intelligence systems on Amazon's data centers in the U.S. OpenAI will be able to power its AI tools using “hundreds of thousands” of Nvidia's specialized AI chips through Amazon Web Services as part of the deal announced Monday. Amazon shares increased 4% after the announcement. The agreement comes less than a week after OpenAI altered its partnership with its longtime backer Microsoft, w ...

Core Insights - OpenAI has entered into a $38 billion (approximately 270.73 billion RMB) computing power procurement agreement with Amazon Web Services (AWS), marking its first collaboration with a global cloud infrastructure leader and reducing its reliance on Microsoft [1][3][4] - The partnership will initially utilize hundreds of thousands of Nvidia GPUs deployed in the U.S. and plans to expand computing capacity in the coming years [3] - OpenAI has announced a total of approximately $140 billion (around 997 trillion RMB) in infrastructure investment agreements with various companies, raising concerns about a potential AI bubble and resource availability in the U.S. [3] OpenAI and AWS Collaboration - OpenAI will begin running workloads on AWS infrastructure immediately, with the first phase leveraging existing data center facilities [3] - AWS will build additional infrastructure specifically for OpenAI in the future, and the collaboration is expected to enhance the overall computing ecosystem for advanced AI technologies [4][5] - OpenAI's CEO, Sam Altman, emphasized the need for massive and reliable computing power to support the scaling of frontier AI [4] Impact on Amazon - The agreement is strategically significant for Amazon, especially as AWS has invested billions in OpenAI's competitor, Anthropic [5] - AWS reported over 20% year-on-year revenue growth, surpassing analyst expectations, although Microsoft and Google Cloud's growth rates were higher at 40% and 34%, respectively [5] - The deal specifies the use of Nvidia chips, with potential future inclusion of Amazon's own Trainium chips for cost-effective options [5][6] Future Prospects - OpenAI has committed to purchasing an additional $250 billion (approximately 1.78 trillion RMB) worth of Azure cloud services from Microsoft, indicating continued collaboration despite the new partnership with AWS [4] - The infrastructure will support both inference tasks and training of next-generation models, with flexibility for OpenAI to expand its collaboration with AWS over the next seven years [6] - The partnership is seen as a crucial step towards OpenAI's potential IPO, signaling its operational independence and mature business structure [6][7]

Amazon Web Services will provide infrastructure for OpenAI's artificial-intelligence workloads. ...

Mackenzie Sagalos with some news on the AI arms race. Hey Mac. >> Hey Carl.So OpenAI has signed a $ 38 billion infrastructure deal with Amazon Web Services, marking its first contract with the cloud leader and the clearest sign yet that it's no longer relying solely on Microsoft for compute. Now under the agreement, OpenAI will immediately start running workloads on AWS, tapping hundreds of thousands of NVIDIA GPUs across US data centers. It'll begin with existing capacity, then expand over time with AWS pl ...

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“…there are multiple ‘known, unknowns’ (known events, unknown outcomes). Among them include the Federal Open Market Committee (FOMC) meeting…trade talks between President Trump and Chinese President Xi Jinping…Finally, we move into the teeth of earnings season this week, with mega-cap tech heavyweights such as Alphabet (GOOG), Meta Platforms (META), Microsoft (MSFT), Apple (AAPL) and Amazon (AMZN) due to report…We cannot forecast the outcomes or the reactions to these events, but we focus instead on the SPX ...

Core Insights - OpenAI has entered into a multi-year partnership with Amazon valued at $38 billion, marking its first significant cloud computing deal since a recent agreement with Microsoft [1] - The partnership will enable OpenAI to utilize Amazon's AWS to run and scale its core artificial intelligence workloads starting immediately, with expectations for continued growth over the next seven years [1] - Following the announcement, Amazon's shares experienced an increase of over 5% in pre-market trading [1]