OpenAI signs $38B deal with Amazon
Digest more
1don MSN
OpenAI's $38 billion Amazon AWS deal gives it access to 'hundreds of thousands' of Nvidia GPUs
The AWS partnership is OpenAI's first major cloud computing deal since it struck a new agreement with Microsoft, which gave it more flexibility.
AI firm OpenAI ($PC:OPAIQ) recently signed a massive deal with tech giant Amazon ($AMZN), where it agreed to spend around $38 billion over the
13don MSN
Here's what experts say the Amazon Web Services outage reveals about the fragility of the cloud
Experts say the incident revealed what can happen when a such a broad spectrum of companies rely on singular cloud provider.
The deal is a significant one for Amazon, as it shows that AWS can be the infrastructure backbone of AI computing.”
User complaints surged on tracking site DownDetector just after noon Eastern time, with most reports concentrated in the company’s US-EAST-1 region.
5don MSN
Amazon reports higher sales and earnings for 3Q, helped by its fast-growing web services business
Amazon posted higher fiscal third quarter profit and sales compared with a year ago, fueled by accelerating growth in its cloud computing business and strong spending by its customers looking for low prices at a time when inflation is resurging.
Fastnet is the first cable that Amazon is building on its own. The company backed multiple subsea internet projects in the past, but it developed them as part of consortiums. One of those cables, the Bifrost optical link that connects the U.S. and Singapore, came online last month.
Cipher Mining signed a $5.5 billion, 15-year lease with AWS to provide AI infrastructure, bringing total hosting contracts to $8.5 billion.
Amazon Web Services (AMZN) plans to build a trans-Atlantic subsea fiber optic cable system to help address the rising demand for cloud computing and artificial intelligence.