Amazon(US:AMZN) Di Yi Cai Jing·2025-11-03 15:46Core Insights - Amazon announced a long-term strategic partnership with OpenAI, involving a financial commitment of $38 billion, with OpenAI utilizing AWS for its AI workloads [2] - The partnership will leverage Amazon EC2 UltraServers, providing access to hundreds of thousands of NVIDIA GPUs and the potential for millions of CPUs, with infrastructure expected to be fully deployed by the end of 2026 [2] - OpenAI's CEO stated that the company's revenue exceeds $13 billion, and the significant infrastructure investments are seen as a forward-looking bet to become a major AI cloud service provider [4] Financial Performance - Amazon reported a 12% increase in net sales for Q3 2025, reaching $180.2 billion, with a net profit of $21.2 billion, marking a 38.6% year-over-year growth [4] - AWS growth has reached its highest level since 2022, driven by strong demand for AI and core infrastructure [4] Industry Trends - There is a growing trend among Silicon Valley AI companies to expand partnerships with computing power providers to secure necessary resources, with OpenAI favoring GPU usage over proprietary AI chips [3] - Recent discussions in the market have raised concerns about a potential AI bubble, questioning whether the substantial investments in AI infrastructure will yield the expected capital returns [4]