Amazon Stock Rallies To Record Highs On $38 Billion OpenAI Cloud Deal

Published 5 days ago Positive
Amazon Stock Rallies To Record Highs On $38 Billion OpenAI Cloud Deal
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AMZN.US Amazon.com Inc
Amazon (AMZN) stock rallied to record highs on Monday, after announcing a $38 billion cloud deal with ChatGPT creator OpenAI. It is Amazon Web Services' first cloud contract with OpenAI, which has long been a key partner for Amazon rival Microsoft (MSFT). Amazon announced the "multiyear, strategic partnership" with OpenAI is a news release, which AWS said will allow OpenAI...

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