Amazon shares closed at a record after a $38 billion deal with OpenAI for AWS capacity, CNBC reported on November 3, 2025. Amazon later joined OpenAI's February 2026 funding round with a $50 billion investment and a multiyear strategic partnership.
In April, Microsoft and OpenAI amended their partnership so OpenAI can serve customers on any cloud. The sequence shows how a single lab's demand now shapes the investment plans of all the major cloud providers.
Source: CNBC