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 ...

OpenAI has signed a seven-year, $38 billion agreement with Amazon Web Services, adding another hyperscaler alongside Microsoft Azure for its growing AI compute needs.

Sam Altman, CEO of OpenAI said the company is committed to spending $1.4 trillion to develop 30 gigawatts of computing resources.

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

The recent AWS outage has lessons about contracts, options, and risk management for cloud-dependent businesses.

The AWS partnership is OpenAI's first major cloud computing deal since it struck a new agreement with Microsoft, which gave ...

From streaming video and syncing data to connecting applications, the cloud plays an increasingly pivotal role in helping ...

Amazon's share price skyrocketed by more than ten percent on Thursday after the online retail behemoth reported better than ...

Advancements in cloud-native applications help businesses to continuously migrate their operations from on-premises and ...

Amazon has faced pressure from investors to tighten its finances as it spends big on the AI race. The company says it will ...

The Seattle-based company's profits jumped nearly 39%, driven by AWS’s robust growth and accelerating AI-linked demand.

XRP has continued to play a role in global digital payment systems in 2025. Originally designed as a token for cross-border settlement, it is now recognized as a bridge asset that is being adopted by ...