Amazon shares rose to a record high Monday after the tech giant said it struck a $38 billion cloud computing deal with OpenAI.

Under the Verizon AI Connect deal, Verizon will construct high-capacity, long-haul fiber routes to link AWS data centers, ...

OpenAI isn't done securing the AI infrastructure it needs to rapidly scale agentic workloads. The ChatGPT-maker on Monday ...

The primary driver behind AWS’s resurgence is evident: in order to satisfy the growing demand for artificial intelligence, ...

After signing agreements to use computing power from Nvidia, AMD and Oracle, OpenAI is teaming up with the world’s largest cloud computing company.

Partnership will enable OpenAI to run its advanced AI workloads on AWS’s world-class infrastructure starting immediately.

The seven-year agreement is the companies’ first computing partnership and is part of Amazon’s efforts to grow its cloud ...

Amazon, Microsoft, and Google—leads the cloud industry, creating a financial loop unmatched by other tech giants like Meta.

The recent AWS outage has lessons about contracts, options, and risk management for cloud-dependent businesses.

“AWS is growing at a pace we haven’t seen since 2022, re-accelerating to 20.2% YoY,” Andy Jassy, the president and CEO of ...

The energy sector is using AI in smart grid management systems to balance energy loads, mitigating the stress from peak demands to reduce disruptions and overall emissions. In telecommunications, AI’s ...

Amazon shares surged more than 11% in early trading on Friday after strong growth at its cloud unit and a bullish sales ...