New Delhi, Nov. 3 -- OpenAI, the firm behind ChatGPT, has struck a massive seven-year, $38 billion agreement with Amazon Web Services (AWS) to secure the cloud compute capacity it needs to fuel its relentless AI ambitions. This landmark deal is the first major move by OpenAI since its corporate restructuring last week, which gave the AI giant crucial operational and financial independence.
The timing of the deal announcement, made on Monday, is critical. OpenAI recently reorganized its core business, a move that included removing Microsoft's first right of refusal to be its sole compute provider. This strategic realignment paved the way for the Amazon partnership, marking OpenAI's transition to a multi-cloud infrastructure strategy.
Thi...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.