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

<span>STORY: The deal marks OpenAI’s first big push to power its AI ambitions after a restructuring last week that gave the ChatGPT maker greater operational and financial freedom.</span><span>The deal is also a major vote of confidence for the e-commerce giant’s cloud unit, Amazon Web Services, which some investors feared had fallen behind rivals Microsoft and Google in the artificial intelligence 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 we’re completely okay with that.”</span>

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