Amazon, OpenAI, and NVIDIA Forge $38 Billion AI Deal, Igniting Stock Market Rally
Amazon shares surged nearly 5% after announcing a landmark $38 billion partnership with OpenAI, granting the AI firm access to NVIDIA's GPU clusters via AWS. The deal marks a strategic shift in cloud computing alliances, as OpenAI expands beyond its exclusive reliance on Microsoft Azure. Market momentum spread across tech stocks, with investors betting on accelerated AI infrastructure growth.
The agreement positions AWS as a primary host for OpenAI's workloads through 2026, challenging Microsoft and Google's cloud dominance. NVIDIA's role as hardware provider underscores the critical shortage of advanced AI chips. Analysts note the deal could reshape competitive dynamics in enterprise AI adoption, though no direct cryptocurrency implications were immediately evident.