{"id":115941,"date":"2025-11-03T17:35:09","date_gmt":"2025-11-03T17:35:09","guid":{"rendered":"https:\/\/www.newsbeep.com\/nz\/115941\/"},"modified":"2025-11-03T17:35:09","modified_gmt":"2025-11-03T17:35:09","slug":"chatgpt-owner-openai-signs-38bn-cloud-computing-deal-with-amazon","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/nz\/115941\/","title":{"rendered":"ChatGPT owner OpenAI signs $38bn cloud computing deal with Amazon"},"content":{"rendered":"

OpenAI has signed a $38bn (\u00a329bn) contract with Amazon to access its cloud computing infrastructure as it continues its run of major partnerships. <\/p>\n

In 2025, the ChatGPT maker has signed deals worth more than $1tn with Oracle, Broadcom, AMD and chip-making giant Nvidia.<\/p>\n

As part of the seven-year agreement, OpenAI will gain access to Nvidia graphics processors to train its artificial intelligence models. <\/p>\n

The deal follows a sweeping restructure of OpenAI last week<\/a> which saw it convert away from being a non-profit and changed its relationship with Microsoft to give OpenAI more operational and financial freedom. <\/p>\n

“Scaling frontier AI requires massive, reliable compute,” said OpenAI co-founder and CEO Sam Altman. <\/p>\n

“Our partnership with AWS [Amazon Web Services] strengthens the broad compute ecosystem that will power this next era and bring advanced AI to everyone.”<\/p>\n

The deal reflects the massive demand for computer power coming from the growing interest in AI. <\/p>\n

Following the announcement of the deal on Monday, Amazon shares hit an all-time high, adding $140bn (\u00a3106bn) to its valuation. <\/p>\n

In response to OpenAI’s deal spree, there has been some speculation that an AI bubble may be in the offing<\/a>.<\/p>\n

Speaking to the BBC last month, Sam Altman said: “Yes, the investment loans are unprecedented”, but added: “It’s also unprecedented for companies to be growing revenue this fast.”<\/p>\n","protected":false},"excerpt":{"rendered":"OpenAI has signed a $38bn (\u00a329bn) contract with Amazon to access its cloud computing infrastructure as it continues…\n","protected":false},"author":2,"featured_media":115942,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[365,363,364,111,139,69,145],"class_list":["post-115941","post","type-post","status-publish","format-standard","has-post-thumbnail","category-artificial-intelligence","tag-ai","tag-artificial-intelligence","tag-artificialintelligence","tag-new-zealand","tag-newzealand","tag-nz","tag-technology"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/115941","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=115941"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/115941\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/115942"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=115941"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=115941"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=115941"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}