OpenAI Signs $38 Billion Cloud Deal With Amazon (openai.com)
- Reference: 0179951148
- News link: https://slashdot.org/story/25/11/03/1448202/openai-signs-38-billion-cloud-deal-with-amazon
- Source link: https://openai.com/index/aws-and-openai-partnership/
The deal is small compared with OpenAI's [2]$300 billion agreement with Oracle and its [3]$250 billion commitment to Microsoft . OpenAI ended its exclusive cloud-computing partnership with Microsoft last month and has since signed almost $600 billion in new cloud commitments. Amazon Web Services is the industry's largest cloud provider, but Microsoft and Google have reported faster cloud-revenue growth in recent years after capturing new demand from AI customers.
[1] https://openai.com/index/aws-and-openai-partnership/
[2] https://developers.slashdot.org/story/25/09/11/2111239/openai-and-oracle-ink-historic-300-billion-cloud-computing-deal
[3] https://slashdot.org/story/25/10/28/149254/openai-finalizes-corporate-restructuring-gives-microsoft-27-stake-and-technology-access-until-2032
Incoming investment news (Score:1)
Tomorrow we'll find out that Jeff Bezos is investing $38 billion in OpenAI.
A lot of money (Score:3)
I hope it is able to come up with it all.
300b, 250b, 30b...almost 700b right there.
Good luck!
Re: (Score:2)
Don't worry, they are probably getting paid 300b by Oracle, 250b by microsoft, and 38b from Amazon so it all will work out nicely.
A lot of the deals lately seem to be company A and B pay each other X amount of money and pretend that is big revenue despite relatively little net money exchanging hands.
Re: A lot of money (Score:2)
Bold to assume there will be enough tax revenue to bail them out once theyâ(TM)re finished wiping out jobs.