The deal makes Microsoft IREN’s largest customer, with $1.94 billion in annualized revenue expected over the next five years.

OpenAI signed a $38 billion deal with Amazon Web Services, diversifying its cloud computing resources beyond Microsoft with access to hundreds of thousands of Nvidia GPUs through 2026. The seven-year ...

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 ...

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

Shares in the US technology giant rose another 6% to $259 in early trading in New York following a near-10% jump on Friday.

OpenAI has come to terms on a massive 7-year, $38 billion deal with Amazon Web Services to secure cloud computing ...

Microsoft has entered into an approximately $9.7 billion cloud services contract with artificial intelligence cloud service provider IREN that will give it access to some of Nvidia’s chips ...

Here are seven unusual financial agreements helping to drive the ambitions of the poster child of the A.I. revolution.

During a recent appearance at Italian Tech Week, Amazon founder and Blue Origin CEO Jeff Bezos predicted that within the next ...

LONDON — Internet users around the world faced widespread disruption early on Monday because of a problem at Amazon’s cloud computing service that took down dozens of major online services, including ...

Oracle Corp. on Monday promoted Clay Magouyrk and Mike Sicilia to become co-chief executive officers, signaling the company’s focus on its rapidly expanding cloud computing business. The 39-year-old ...

Sept 19 (Reuters) - Oracle (ORCL.N), opens new tab is in talks with Meta (META.O), opens new tab for a multi-year cloud computing deal worth about $20 billion, underscoring the social media giant's ...