OpenAI, the owner of chatbot ChatGPT, inked a $38 billion deal with Amazon's cloud business for access to high-powered ...

When it comes to artificial intelligence (AI), perhaps no one commands more attention than Sam Altman, the CEO of ChatGPT ...

OpenAI has signed a seven-year, $38 billion deal to buy cloud services from Amazon.com , in its first big push to power its ...

On Monday, Amazon’s announcement of a $38 billion agreement for Amazon Web Services to provide infrastructure for OpenAI’s ...

Amazon says the constraint right now is power, not chips; it’s giving plenty of the latter to OpenAI. Then, Amazon solves ...

The deal is a significant one for Amazon, as it shows that AWS can be the infrastructure backbone of AI computing.” ...

Just one day after rising 10% after reporting robust third quarter earnings, Amazon (NASDAQ:AMZN) stock was on the move again ...

The multi-year partnership empowers OpenAI with immediate and increasing access to Amazon Web Services’s cloud infrastructure ...

The deal underscores the AI industry’s insatiable appetite for computing power, pushing Amazon shares to an all-time high.

Among notable stock movers today were Idexx Laboratories, whose stock recorded a 14.8% gain after earnings release. Amazon and Cipher gave each other a positive push, up 9.8% and 21.9% respectively.

AM ET, the S&P 500 gained 10.83 points, or 0.16%, the Nasdaq Composite gained 119.50 points, or 0.51%, and the Dow Jones ...

Stocks ended mostly higher Monday, the first trading session of November, while a handful of Big Tech stocks helped keep the Nasdaq Composite in the green.