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OpenAI signs $38bn cloud computing deal with Amazon

SUMMARY

OpenAI has finalized a substantial $38 billion agreement with Amazon to utilize its cloud infrastructure and Nvidia graphics processors for AI operations. This deal is part of OpenAI's broader commitment to invest $1.4 trillion in AI infrastructure.

Sam Altman, OpenAI's CEO, emphasized the need for "massive, reliable compute" to advance AI technologies. The partnership will provide OpenAI with enhanced processing capabilities to train and run its models, including ChatGPT. Concerns remain regarding OpenAI's revenue, reported at about $13 billion, juxtaposed with its extensive infrastructure commitments. Analysts anticipate a $3 trillion global spending boom on datacenters by 2028.


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