OpenAI has signed a $38bn (£29bn) contract with Amazon for access to its cloud computing infrastructure. continues to develop major partnerships to secure computing power.
In 2025, the ChatGPT maker signed deals worth more than $1 trillion with Oracle, Broadcom, AMD and chip giant Nvidia. The company's latest deal reduces its dependence on Microsoft.
As part of the seven-year agreement, OpenAI will have access to Nvidia GPUs to train its artificial intelligence models.
The deal follows radical restructuring of OpenAI last week as a result, the company ceased to be a non-profit organization and changed its relationship with Microsoft to give OpenAI more operational and financial freedom.
“Scaling advanced AI requires massive and reliable computing,” said OpenAI co-founder and CEO Sam Altman.
“Our partnership with AWS [Amazon Web Services] strengthens the broad computing ecosystem that will drive the next era and bring cutting-edge artificial intelligence to everyone.”
The deal reflects the huge demand for computing power driven by growing interest in artificial intelligence, as well as OpenAI's commitment to providing the necessary power.
OpenAI, which brought AI to the consumer market with the launch of ChatGPT in 2022, has relied on Microsoft's computing power for years. The two firms had an exclusivity agreement for cloud technology until January this year, when their relationship weakened.
The AI startup's first deal with Amazon AWS marks its latest move away from Microsoft toward diversified sources of computing power.
“The AWS deal shows that OpenAI believes its path to leadership is by gaining access to as much computing power as possible,” said Kim Forrest, chief investment officer at Bokeh Capital Partners.
Microsoft “by acquiring a minority stake in the company has enabled relationships with the closest competitors of OpenAI's sponsors,” she added.
But OpenAI turned out to be unprofitable because it spends a lot of money on the development of artificial intelligence technologies. Microsoft's quarterly results last week showed that OpenAI lost $12 billion in the last quarter alone.
Following the announcement of the deal on Monday, Amazon shares hit an all-time high, increasing its valuation by $140bn (£106bn).
AWS is “uniquely positioned to support OpenAI’s massive artificial intelligence workloads,” Matt Garman, CEO of AWS, said in a statement.
Leading artificial intelligence companies are investing in each other, creating a tangled web of deals that are attracting intense attention. OpenAI is at the center of this network.
In response to the publicity surrounding the OpenAI deals, there has been speculation that The artificial intelligence bubble may be in the near future.
Speaking to the BBC last month, Sam Altman said: “Yes, investment loans are unprecedented,” but added: “It's also unprecedented for companies that are growing earnings so quickly.”
Warnings came from the Bank of England and the International Monetary Fund, as well as JP Morgan chief Jamie Dimon, who told the BBC that “the level of uncertainty in most people's minds must be higher.”
