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OpenAI Signs $38B Amazon Cloud Deal, Faces NYT Lawsuit

5/20/2026

Summary

Story summary

OpenAI agreed to purchase $38 billion in cloud services from Amazon over the next seven years.
OpenAI renegotiated its exclusive Microsoft contract to allow purchases from any cloud provider, secured financing from Nvidia, AMD, Broadcom, and building data centers with Oracle, SoftBank and the United Arab Emirates.
Analysts warned spending could spark a bubble while the New York Times sued OpenAI and Microsoft for alleged copyright infringement, which the companies denied.

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Story summary

OpenAI agreed to purchase $38 billion in cloud services from Amazon over the next seven years.
OpenAI renegotiated its exclusive Microsoft contract to allow purchases from any cloud provider, secured financing from Nvidia, AMD, Broadcom, and building data centers with Oracle, SoftBank and the United Arab Emirates.
Analysts warned spending could spark a bubble while the New York Times sued OpenAI and Microsoft for alleged copyright infringement, which the companies denied.