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Home » Amazon Stock Jumps 5% Premarket on OpenAI’s $38 Billion AWS Deal
U.S. Energy Policy

Amazon Stock Jumps 5% Premarket on OpenAI’s $38 Billion AWS Deal

omc_adminBy omc_adminNovember 3, 2025No Comments2 Mins Read
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2025-11-03T14:16:27Z

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OpenAI plans to pay $38 billion to Amazon’s AWS in a major deal.
The AI company will use Amazon’s AWS compute, comprising “hundreds of thousands” of Nvidia GPUs.
Microsoft no longer has the right to first refusal for OpenAI’s compute deals following a new agreement it recently signed.

OpenAI announced a $38 billion partnership with Amazon AWS on Monday, its first major cloud computing deal since striking a new agreement with Microsoft that gave it more flexibility.

OpenAI will use Amazon’s compute, which consists of “hundreds of thousands of state-of-the-art NVIDIA GPUs,” according to a joint statement between the companies.

Amazon shares were up more than 5% in premarket trading on the news.

The partnership underscores OpenAI’s ongoing hunger to line up more and more computing resources to train and run its frontier AI models, as well as its consumer products, like ChatGPT, as it races to achieve the holy grail in the AI race: AGI.

“AWS’s leadership in cloud infrastructure combined with OpenAI’s pioneering advancements in generative AI will help millions of users continue to get value from ChatGPT,” the announcement said.

OpenAI’s new definitive agreement with Microsoft, announced last week as part of OpenAI’s restructuring to a more traditional for-profit business, removed the tech giant’s power to have first refusal on cloud computing deals. Microsoft, an early investor in OpenAI, now has a roughly 27% in OpenAI Group PBC, a newly formed for-profit public benefit corporation.

OpenAI said it will use Amazon’s AWS infrastructure “to run and scale OpenAI’s core artificial intelligence (AI) workloads starting immediately.” The announcement also says the partnership “will have continued growth over the next seven years.”

“Scaling frontier AI requires massive, reliable compute,” OpenAI co-CEO Sam Altman said in a statement. “Our partnership with AWS strengthens the broad compute ecosystem that will power this next era and bring advanced AI to everyone.”

After starting last week with 14,000 layoffs, Amazon ended the week on a high note with third-quarter earnings topping expectations and disclosures about how the company has made progress on AI.

This is a developing story…



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