Investors love AI, as long as you’re a cloud host
Amazon isn’t slowing down on data center spending — but investors don’t seem to mind.
Amazon isn’t slowing down on data center spending — but investors don’t seem to mind.
OpenAI isn’t done securing the AI infrastructure it needs to rapidly scale agentic workloads. The ChatGPT-maker on Monday said it has reached a deal with Amazon to buy $38 billion in cloud computing services over the next seven years.
This is a juicy competitive move for both companies after AWS faced an onslaught of criticism over its progress with AI.