OpenAI strikes $38bn computing deal with Amazon
Lossmaking start-up commits to spending close to $1.5tn as it gobbles up processing power
Related reading
Amazon in talks to invest more than $10bn in OpenAI
Deal could push AI start-up’s valuation above $500bn and involve it using the cloud giant’s chips
Anthropic and Amazon agree $100bn AI infrastructure deal
Start-up behind Claude tool seeks to bulk up on chips and computing power after suffering outages this year
OpenAI expands Amazon deal after Microsoft loosens exclusivity terms
AWS customers will have direct access to AI lab’s most advanced models
OpenAI secures up to $110bn in record funding deal
Sam Altman’s $730bn start-up restocks its war chest for battle with Anthropic and Google
OpenAI partners amass $100bn debt pile to fund its ambitions
Cloud companies and developers rely on lossmaking start-up to repay huge loans
OpenAI in talks to commit up to $1.5bn to private-equity joint venture
Start-up backing new company intended to help deploy AI within businesses owned by PE firms