Amazon’s $38B OpenAI Deal Drives Record Stock High

What happened

Amazon announced a $38 billion multi-year partnership with OpenAI, granting OpenAI immediate access to Amazon Web Services (AWS) cloud infrastructure and Nvidia GPUs. This deal marks OpenAI’s first cloud partnership with Amazon and a shift away from its previous exclusive relationship with Microsoft. Amazon shares rose to a new record high following the announcement.

Why it matters

• The partnership significantly expands OpenAI’s computing capacity for AI workloads.
• Amazon will build new data centers dedicated to OpenAI’s needs, enhancing AWS’s AI infrastructure.
• The deal positions Amazon to strengthen its competitive edge in the AI cloud services market.

Key facts

1. 1. The partnership is valued at $38 billion and spans seven years.
2. 2. OpenAI gains access to hundreds of thousands of Nvidia GPUs via AWS, with scalability up to tens of millions of processors.
3. 3. Amazon’s stock rose about 5% to a new record high immediately after the announcement on November 3, 2025.