OpenAI and Amazon sign $38B deal

OpenAI and Amazon have signed a $38 billion (€33bn) deal that enables the ChatGPT maker to run its artificial intelligence systems on Amazon’s data centers in the US, Euronews writes.

As part of the deal, announced on Monday, OpenAI will be able to power its AI tools using “hundreds of thousands” of Nvidia’s specialized AI chips through Amazon Web Services (AWS).

Amazon shares rose 4% following the announcement.

The agreement comes less than a week after OpenAI altered its partnership with longtime backer Microsoft, which until earlier this year had been the start-up’s exclusive cloud computing provider.