Amazon(US:AMZN) Ge Long Hui·2025-11-04 00:16Core Insights - Amazon's stock rose by 4% to $254, reaching an all-time high with a trading volume of $24.473 billion and a total market capitalization of $2.72 trillion [1] Group 1: Partnership Details - Amazon Web Services (AWS) has signed a $38 billion agreement with OpenAI to provide computing capacity [1] - The seven-year agreement includes the provision of hundreds of thousands of NVIDIA GPUs, specifically the GB200 and GB300 AI accelerators, to assist in generating responses and training future models for ChatGPT [1] - OpenAI will begin utilizing AWS's computing power immediately, with all targeted capacity expected to be operational by the end of 2026, and there is potential for expanded collaboration in the coming years [1] Group 2: Infrastructure Development - The first phase of the agreement will utilize existing AWS data centers, with plans for Amazon to build additional infrastructure for OpenAI in the future [1]