Amazon surges 5% on OpenAI's $38B, seven-year AWS deal

Amazon up 5% on OpenAI's $38B, seven-year AWS deal. The ChatGPT maker will tap Amazon Web Services to power and scale its AI workloads, a move that immediately boosted investor confidence in AWS’s AI ambitions on November 3, 2025. ([reuters.com](https://www.reuters.com/business/retail-consumer/openai-amazon-strike-38-billion-agreement-chatgpt-maker-use-aws-2025-11-03/))

What happened

OpenAI announced a multi-year agreement worth $38 billion over seven years to run core AI workloads on AWS infrastructure, including access to “hundreds of thousands” of Nvidia GPUs via Amazon EC2 UltraServers. OpenAI says the partnership begins immediately and is designed to scale as demand grows. ([openai.com](https://openai.com/index/aws-and-openai-partnership/))

Amazon shares rose roughly 5% after the news and touched an all‑time high during Monday’s trade, underscoring investor enthusiasm for AWS’s role in the AI race. Amazon shares hit an all‑time high on the headline. ([reuters.com](https://www.reuters.com/business/retail-consumer/openai-amazon-strike-38-billion-agreement-chatgpt-maker-use-aws-2025-11-03/))

Why it matters

The deal gives OpenAI significant additional compute to train and serve its next‑generation models, while signaling that AWS remains highly competitive against Microsoft Azure and Google Cloud in AI infrastructure. The companies highlighted immediate availability of capacity and the option to expand further as workloads grow. ([reuters.com](https://www.reuters.com/business/retail-consumer/openai-amazon-strike-38-billion-agreement-chatgpt-maker-use-aws-2025-11-03/))

Key details and timing

OpenAI will run workloads on AWS’s data centers—leveraging clusters built around Nvidia GB200 and GB300 accelerators—with the goal that all planned capacity is targeted by end‑2026, and room to expand into 2027 and beyond. ([openai.com](https://openai.com/index/aws-and-openai-partnership/))

The announcement follows OpenAI’s recent restructuring and updated terms with Microsoft that ended prior exclusive rights to supply cloud resources, opening the door to additional providers like AWS. ([reuters.com](https://www.reuters.com/business/retail-consumer/openai-amazon-strike-38-billion-agreement-chatgpt-maker-use-aws-2025-11-03/))

Executive notes

OpenAI CEO Sam Altman called reliable compute “massive” and essential for scaling frontier AI, while AWS CEO Matt Garman said Amazon’s infrastructure will serve as a backbone for OpenAI’s ambitions. ([openai.com](https://openai.com/index/aws-and-openai-partnership/))

What’s next

As deployment ramps through 2026, watch for impacts on AWS growth metrics and on OpenAI’s model development cadence, as well as how this multi‑provider approach shapes competition among cloud hyperscalers. ([reuters.com](https://www.reuters.com/business/retail-consumer/openai-amazon-strike-38-billion-agreement-chatgpt-maker-use-aws-2025-11-03/))

Sources

• OpenAI turns to Amazon in $38 billion cloud services deal after restructuring — Reuters (November 3, 2025)
• OpenAI and Amazon sign $38 billion deal for AI computing power — AP News (November 3, 2025)
• AWS and OpenAI announce multi-year strategic partnership — OpenAI (November 3, 2025)
• OpenAI's $38 billion Amazon AWS deal gives it access to 'hundreds of thousands' of Nvidia GPUs — Business Insider (November 3, 2025)