Verizon Business today announced a new Verizon AI Connect deal with Amazon Web Services (AWS) to provide the resilient high-capacity, low-latency network infrastructure essential for the next wave of artificial intelligence (AI) innovation.

OpenAI's $38 billion switch to Amazon Web Services after its restructure reshapes the AI landscape, sparking industry tension and global anticipation.

Tyler Page, Cipher Mining CEO, joins 'Power Lunch' to discuss the company's deal with Amazon, its history with bitcoin mining and much more.

AWS outage reports spiked again for the cloud service yesterday (October 29) after a mass outage last week. But this time, AWS was quick to dispute these reports with us.

“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 Amazon, said in the company’s earnings announcement. “We continue to see strong demand in AI and core infrastructure, and we’ve been focused on accelerating capacity — adding more than 3.8 gigawatts in the past 12 months.”

AWS and OpenAI have entered a multi-year, USD 38 billion partnership to enhance AI capabilities. This deal allows OpenAI to utilize AWS’s vast computing resources, featuring NVIDIA GPUs and CPUs, potentially expanding into 2027.

OpenAI today announced a major AI cloud infrastructure partnership with AWS. Until the start of the year, Microsoft Azure had an exclusive partnership with OpenAI to provide AI and cloud infrastructure.

Cipher Mining’s stock climbed up over 19% in early trading after the Bitcoin miner announced a $5.5 billion lease agreement with Amazon Web Services (AWS), extending the rally that has made the Nasdaq-listed company one of the biggest beneficiaries of Wall Street’s growing appetite for AI-linked exposure.