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OpenAI Seals $38B Deal with Amazon, Expands Cloud Options

1/18/2026

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Summary

Story summary

OpenAI signed a $38 billion, seven-year cloud computing agreement with Amazon.
Microsoft previously supplied computing power to OpenAI under a contract that restricted its options.
Microsoft renegotiated its agreement, allowing OpenAI to seek services from other providers.
OpenAI is collaborating with Oracle and other firms to build new data centers.
OpenAI remains unprofitable, racing to secure computing resources amid investments from Amazon, Google, and Meta.

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Story summary

OpenAI signed a $38 billion, seven-year cloud computing agreement with Amazon.
Microsoft previously supplied computing power to OpenAI under a contract that restricted its options.
Microsoft renegotiated its agreement, allowing OpenAI to seek services from other providers.
OpenAI is collaborating with Oracle and other firms to build new data centers.
OpenAI remains unprofitable, racing to secure computing resources amid investments from Amazon, Google, and Meta.