NVIDIA's central role in the artificial intelligence boom was highlighted as Amazon Web Services (AWS) and OpenAI announced a historic $38 billion, seven-year agreement. Under the deal, AWS will provide OpenAI with massive computing power utilizing hundreds of thousands of NVIDIA's graphics processing units (GPUs), including the latest GB200 and GB300 AI accelerators. This infrastructure is critical for training and scaling future AI models and enhancing the capabilities of systems like ChatGPT. The partnership is one of the largest cloud infrastructure deals in the history of AI and reinforces the sustained, high-level demand for NVIDIA's advanced chips. The move is also a significant win for Amazon in its competition with other cloud providers to attract large-scale AI partnerships. Following the announcement, Amazon's shares saw a notable increase, underscoring investor confidence in the growth of AI infrastructure and the key suppliers like NVIDIA that power it.
NVIDIA Solidifies AI Dominance with $38 Billion Amazon/OpenAI Chip Deal
NVDA
Related News
NVDA
NVIDIA Sells ARM Stake Amid Shift to Larger AI Investments
NVDA
NVIDIA Finalizes $30B OpenAI Investment to Secure Long-Term GPU Demand
NVDA
NVIDIA Nears $30B OpenAI Investment at $830B Valuation, Securing Hardware Reinvestment Deal
NVDA
NVIDIA Stock Gains on Meta AI Partnership and Vera Rubin Architecture Tease
NVDA