OpenAI, Amazon sign $38 billion computing deal

OpenAI has struck a $38 billion agreement with Amazon Web Services (AWS) to secure cloud computing power from the tech giant, the ChatGPT maker announced Monday.

The multiyear deal will give the AI firm access to "hundreds of thousands of state-of-the-art" Nvidia chips, as the company seeks vast computing power to continue developing its AI models.

OpenAI is set to begin using AWS computing power immediately, with the Amazon cloud computing arm aiming to have all of the targeted capacity deployed before the end of 2026, it noted in a blog post.

The AWS deal is the latest in a series of agreements for OpenAI, which has also recently unveiled partnerships with companies like Nvidia, AMD and Broadcom.

The ChatGPT maker announced last month that it was partnering with Nvidia to deploy 10 gigawatts, or about 4 million to 5 million chips. Several weeks later, it signed a deal with AMD to obtain 6 gigawatts' worth of the company’s AI chips.

This was followed by an agreement with Broadcom to deploy 10 gigawatts of custom AI accelerators for OpenAI. It has also reportedly signed a $300 billion deal with Oracle for 4.5 gigawatts of power.

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