OpenAI Chooses AWS for Massive AI Expansion, Gains Access to Millions of Nvidia GPUs
OpenAI: OpenAI has signed a seven-year agreement with Amazon. This deal includes a $38 billion deal to purchase cloud services. This will give OpenAI access to millions of Nvidia graphics processors.
OpenAI, maker of ChatGPT, has inked a seven-year deal with Amazon. This agreement includes a deal worth $38 billion to buy cloud services from Amazon. This deal comes after a restructuring last week, which gives OpenAI greater operational and financial independence. With this deal, OpenAI will get access to millions of Nvidia graphics processors from Amazon to train and run its AI models.
It is also an industry that requires tremendous computing power in order to build such systems that are parallel with human intelligence. The CEO of OpenAI, Sam Altman, stated that it will spend $1.4 trillion to build 30 gigawatts of computing resources-enough power to power 25 million American homes.
Some investors feared AWS (Amazon Web Services) was falling behind Microsoft and Google. However, this deal demonstrates that AWS remains a strong player in the AI race. Amazon shares reached an all-time high on Monday, increasing the company's value by nearly $140 billion.