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OpenAI Strikes $38 Billion AWS Deal for Nvidia-Powered Compute, Targeting Full Capacity by 2026

The agreement marks a pivot to a multi-vendor cloud strategy following OpenAI’s restructuring that loosened its ties to Microsoft.

Overview

  • The seven-year pact gives OpenAI immediate access to AWS data centers running hundreds of thousands of Nvidia GPUs, including GB200 and GB300 accelerators.
  • AWS will deploy clustered capacity for training and inference with all targeted resources online by the end of 2026 and optional expansion into 2027.
  • Amazon shares rose roughly 5–6% after the announcement as investors welcomed the boost to AWS’s AI pipeline.
  • The move extends OpenAI’s vendor diversification, alongside multibillion agreements with Oracle (about $300 billion), CoreWeave (over $22 billion), and continued commitments to Microsoft Azure.
  • The scale adds to scrutiny of OpenAI’s plan to invest about $1.4 trillion to build around 30 gigawatts of compute, with analysts questioning financing and long‑term sustainability versus current revenues.