OpenAI signs £38 billion agreement with Amazon for computing power

Seattle (Washington, USA), 3 November (LaPresse) – OpenAI and Amazon have signed a £38 billion agreement allowing the ChatGPT manufacturer to run its artificial intelligence systems on Amazon’s cloud computing services. OpenAI will have access to “hundreds of thousands” of Nvidia’s specialised AI chips through Amazon Web Services as part of the agreement announced on Monday. The deal comes less than a week after OpenAI changed its partnership with Microsoft, its long-time backer, which is no longer the startup’s exclusive cloud services provider. Last week, regulators in California and Delaware also allowed OpenAI, founded as a non-profit organisation, to move forward with its plan to form a new corporate structure to more easily raise capital and make a profit. ‘The rapid progress of AI technology has created unprecedented demand for computing power,’ Amazon said in a statement on Monday. It said OpenAI ‘will immediately begin using AWS Compute under this partnership, with the goal of deploying all capacity by the end of 2026 and the possibility of further expansion in 2027 and beyond.’