Amazon shares rose to a record high Monday after the tech giant said it struck a $38 billion cloud computing deal with OpenAI.

OpenAI has entered into a multi-year agreement with AWS valued at approximately US$38 billion, designed to power its next-generation AI infrastructure.

On Monday, OpenAI announced it has signed a seven-year, $38 billion deal to buy cloud services from Amazon Web Services to power products like ChatGPT and Sora. It’s the company’s first big computing ...

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 ...

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OpenAI (OPENAI) said on Monday that it has signed a deal with Amazon (AMZN) Web Services worth $38B to help supply it with “hundreds of thousands” of Nvidia's (NVDA) GPUs. Read for more.

Earnings season kicked into high gear last week when five of the Magnificent Seven members with a combined market value of over $15 trillion reported results.

Of all the big tech companies investing in AI, Google and Microsoft are the best positioned to handle the growing costs of the technology, judging from data disclosed this past week in ...

Amazon, Microsoft, and Google—leads the cloud industry, creating a financial loop unmatched by other tech giants like Meta.

In its financial results for the third quarter ending September 30, 2025, Amazon’s net sales climbed 13% year-over-year to ...

Amazon’s share price skyrocketed over 10% after the online retail behemoth reported better-than-expected earnings. The surge ...

The chart shows zone 1. This was previously a resistance zone and has now turned into a support zone. RSI on the chart shows ...