Despite having to make allowances for paying out close to $2bn in severance payments, Amazon’s results show its cloud arm is continuing to go from strength to strength.
Amazon shares rose to a record high Monday after the tech giant said it struck a $38 billion cloud computing deal with OpenAI.
The seven-year agreement is the companies’ first computing partnership and is part of Amazon’s efforts to grow its cloud ...
Partnership will enable OpenAI to run its advanced AI workloads on AWS’s world-class infrastructure starting immediately.
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