与OpenAI签署380亿美元算力供应协议，亚马逊开盘涨超4%

Core Insights - Amazon announced a strategic partnership with OpenAI valued at $38 billion, which is expected to grow over the next seven years [1][2] - Following the announcement, Amazon's stock rose over 4% in pre-market trading [1] Partnership Details - OpenAI will run its AI workloads on Amazon Web Services (AWS), utilizing Amazon EC2 UltraServers that provide access to hundreds of thousands of NVIDIA GPUs and the ability to scale up to tens of millions of CPUs [2] - AWS is currently building the infrastructure for OpenAI, employing complex architectural designs to enhance AI processing efficiency [2] Deployment Timeline - OpenAI is set to begin using AWS computing services immediately, with all computing capabilities expected to be deployed by the end of 2026, and potential further expansion in 2027 and beyond [3] Competitive Landscape - Amazon did not specify whether OpenAI would use its proprietary AI chips, unlike Anthropic, which has utilized Amazon's Trainium and Inferentia chips [3] - OpenAI has been expanding its partnerships with various computing providers, favoring GPU usage over proprietary ASIC chips [3] Financial Context - NVIDIA announced an investment of up to $100 billion in OpenAI to support the construction of AI data centers with at least 10 gigawatts of capacity [4] - OpenAI's CEO stated that the company’s revenue exceeds $13 billion, indicating confidence in future growth despite significant capital expenditure commitments [4] - Amazon reported a 12% increase in net sales to $180.2 billion for Q3 2025, with a net profit of $21.2 billion, reflecting strong demand for AI and core infrastructure [4] Market Sentiment - There is ongoing debate in the market regarding the potential for an AI bubble, with experts suggesting that the return on investment from massive AI expenditures may not be clear for at least a year [5]