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OpenAI and Amazon ink $38B cloud computing deal
TechCrunch· 2025-11-03 23:21
In Brief OpenAI isn’t done securing the AI infrastructure it needs to rapidly scale agentic workloads. The ChatGPT-maker on Monday said it has reached a deal with Amazon to buy $38 billion in cloud computing services over the next seven years. OpenAI said it will immediately start using AWS compute, with all capacity targeted to be deployed before the end of 2026, with the ability to expand further into 2027 and beyond. The deal follows OpenAI’s restructuring last week, which freed the company from havi ...
Why Oracle Stock Mashed the Market on Monday
Yahoo Finance· 2025-09-16 06:50
Key Points An inter-governmental deal reached on TikTok positively affected the software giant. Oracle provides cloud computing services to the video app's developer. 10 stocks we like better than Oracle › Oracle (NYSE: ORCL) shares popped higher on Monday following something of a post-earnings retreat late last week. The tech stock added over 3% to its value that session, thanks in no small part to an apparent agreement between the U.S. and Chinese governments on the fate of a top social media comp ...