Amazon.com will supply OpenAI with cloud computing services under a multi-year $38 billion deal, giving the ChatGPT maker access to hundreds of thousands of Nvidia graphics processors to train and run its artificial intelligence models.

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.

OpenAI signs a $38 billion deal with Amazon Web Services, shifting away from Microsoft as the exclusive cloud provider.

Partners with AWS to build fiber network connecting data centers for AI applications, expanding existing collaboration as AI demand grows.

The AWS 'Fastnet' cable will run from Maryland to Ireland, transporting over 320Tbps. Amid growing cable sabotage, however, 'we're burying this cable as deeply as possible,' Amazon says.

Amazon has categorically refuted claims that its cloud computing platform, Amazon Web Services (AWS), suffered another major outage on October 29, 2025. This denial comes in the wake of recent mass layoffs that saw hundreds of employees from critical infrastructure teams lose their jobs.

User complaints surged on tracking site DownDetector just after noon Eastern time, with most reports concentrated in the company’s US-EAST-1 region.

Amazon will report earnings after the closing bell on Thursday. Analysts want updates on AI progress, AWS, and retail margins.