Overview
- Amazon said the agreement provides access to hundreds of thousands of Nvidia GPUs with potential expansion to tens of millions of CPUs.
- OpenAI’s prior cloud exclusivity with Microsoft has ended, though a renewed Azure contract keeps Microsoft as a partner after investing about $13 billion.
- Amazon shares rose roughly 5% in premarket trading following the announcement.
- OpenAI remains unprofitable, with a reported $5 billion loss in 2024 and some analysts estimating losses exceeding $10 billion this year.
- Reporting says leadership is preparing an IPO in roughly a year at very high valuations as commentators warn the company’s scale could pose systemic‑risk concerns.