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Amazon Lands $38B Deal With OpenAI: 3 Signs to Buy the Stock Now
ZACKS· 2025-11-06 01:41
Key Takeaways Amazon secures a landmark $38 billion multi-year partnership with OpenAI, solidifying AWS leadership.AWS revenues surge 20% year over year to $33 billion in Q3, marking the fastest growth rate since 2022.Amazon raised capital expenditure forecast to $125 billion for 2025 with further increases expected.Amazon (AMZN) has once again demonstrated why it remains a dominant force in cloud computing and artificial intelligence, securing a landmark $38 billion multi-year partnership with OpenAI that ...