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Amazon, OpenAI

Amazon Stock Jumps on $38 Billion OpenAI Deal. What We Know.

OpenAI and Amazon.com have reached a $38 billion agreement for Amazon Web Services to provide infrastructure for the ChatGPT maker’s artificial-intelligence workloads. The partnership will begin immediately and covers the next seven years,

· 11h · on MSN

Amazon’s new OpenAI deal offers further proof the stock has become an AI winner

· 18h · on MSN

Amazon stock jumps 5% after OpenAI announces $38 billion AWS partnership

· 9h

OpenAI to pay Amazon US$38 billion in 7-year cloud services deal

OpenAI has signed a seven-year, US$38 billion deal to buy cloud services from Amazon.com, in its first big push to power its AI ambitions after a restructuring last week that gave the ChatGPT maker gr...

· 1d

Alphabet, Amazon see higher profits from rising value of Anthropic stakes

· 1d

Amazon: Disbelieving Buyers Are Late Yet Again (Rating Downgrade)

12h

Amazon Strikes $38B OpenAI Deal, Wedbush Hikes Target To Street-High

Wedbush analysts Dan Ives and Scott Devitt raise the price target on Amazon stock from $330 to a Street high of $340

Stratechery

Amazon Earnings, AWS and OpenAI, Did Amazon Solve Groceries?

Amazon says the constraint right now is power, not chips; it’s giving plenty of the latter to OpenAI. Then, Amazon solves groceries by getting faster tat delivering everything else.

14h

Stock market today: Dow slips, Nasdaq pops as AI optimism sends Amazon, Nvidia higher

US stocks finished the first trading day of November mixed, with Big Tech names like Amazon (AMZN) and Nvidia (NVDA) rising near record-high levels, fueling a continued rally in the AI trade even as those gains weren't broadly distributed.