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OpenAI’s $38 billion Amazon deal a ‘huge’ endorsement of AWS

<span>STORY: The deal marks OpenAI’s first major step to strengthen its AI ambitions following a restructuring last week that gave the ChatGPT maker greater operational and financial freedom.</span><span>The deal also marks a major vote of confidence in the e-commerce giant’s cloud unit, Amazon Web Services, which some investors fear is falling behind rivals Microsoft and Google in the AI ​​race.</span><span>Overall, Miller said it’s another sign that big companies are saying AI investment “is going to cost us a pretty penny, and that’s totally OK.”</span>

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